Thursday, April 17, 2014

It's 8 million and Away for the ACA

++President Obama announced today that the ACA exchange numbers hit 8 million for the first enrollment session session, way above the initial and recalibrated predictions.

++35% of the enrollments overall were under the age of 30,which is slightly better than the first year of Romneycare in Massacusetts. The optimum was 40% but few expected that.

++The Society of Actuaries, working with the health insurance companies,cam,e out with their prediction of only about a 7% increase in premiums with the ACA. Under the last administration, premiums routinely increased by double digits every year.

++While Charles Gaba corrects the President by saying it's really 8.03 million and climbing,he notes that Gallup has a piece out that the percentage of uninsured by mid-Aoril plummeted to 12.9% overall. 

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