More Than 10 Million Signed Up For Health Insurance This Year Under Affordable Care Act

According to The Associated Press, more than 10 million people have signed up for private health insurance this year under The Affordable Care Act (Obamacare), the White House said Tuesday.

The 10.2 million consumers enrolled in a plan and followed through by paying their first month’s premiums, states The Associated Press.

The report comes from the Department of Health and Human Services as insurers are reportedly proposing premium hikes for next year, raising concerns about affordability.  Also, the Supreme Court is weighing the legality of subsidized premiums for millions of consumers in more than 30 states.  That decision is A decision is due around the end of the month.

By the end of June, the Supreme Court is expected to issue its decision in King v. Burwell, the case that centers on whether the Internal Revenue Service can allow payment of Affordable Care Act subsidies to individuals enrolled in the federal exchange.

The lawsuit is widely considered to be based on a technicality.  The actual law reads “state exchanges” as opposed to “federal exchange.”

Should the Court rule against the Obama administration, subsidies no longer would be available to individuals who purchased coverage through HealthCare.gov, the federal website, in the 34 states that chose not to establish their own state-based exchanges, writes The Daily Signal.

It also would mean the Obamacare employer mandate would be effectively unenforceable, according to The Daily Signal.

Things would probably get ugly if that happens. Democrats would probably go on the offensive, blaming Republicans for “every case of a person who lost coverage just before giving birth, or having another round of chemo,” according to nhpr.org.

Currently, the 10 million sign-ups exceed the target of 9.1 million set last year by HHS Secretary Sylvia M. Burwell.

However, “(e)nrollment has been lower and slower than what most people projected,” said Caroline Pearson of the data analysis firm Avalere Health.

Still, the combination of subsidized private coverage sold through online insurance exchanges in every state, along with Medicaid expansion in most states, has resulted in large coverage gains.

Nearly 9 out of 10 adults now have health insurance, writes The Associated Press.  It is about the same proportion of Americans who buckle their seatbelts.

http://dailysignal.com/2015/06/02/theres-broad-public-support-for-congress-to-reduce-insurance-costs-in-response-to-king-v-burwell/

http://finance.yahoo.com/news/more-10m-enrolled-under-obamas-183140101.html

http://nhpr.org/post/4-reasons-both-parties-should-be-sweating-bullets-over-king-v-burwell

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