Obama Announces Affordable Care Act Enrollment Crosses the 8 Million Mark

21 April 2014 Health Care Law Today Blog

Late last week, President Obama announced that more than 8 million had people signed up for health insurance under the Affordable Care Act. According to the White House, 35 percent of those that obtained insurance are under 35 years old and some 28 percent are between the ages of 18 and 34.

The new figures indicate that the Affordable Care Act is outperforming the administration’s targeted enrollment of 7 million, which it hit earlier this month. While enrollment of young people was up over the last several months, the 28 percent of people who bought policies that are between 18 and 34 is lower than the optimal level of 35 to 40 percent for financial viability according to experts. Young people are described as key to the success of the Affordable Care Act, because they are healthier, and as such, consume less healthcare, causing their insurance premiums to subsidize the costs of care for the sick and elderly.


Critics were quick to point out that the top-level 8 million people figure was announced without two other important figures, namely (i) the number of the 8 million people who bought insurance for the first time, and (ii) the number of those people who actually paid their first premium. Still, others note that the marked increase in people with health insurance is contributing to elevated spending on health care and medications, which rose by more than $20 billion at an annualized rate in February. Regardless of the ultimate analysis, the recent headlines are certainly of a different tone than those surrounding the shaky roll-out of HealthCare.gov last Fall. 

This blog is made available by Foley & Lardner LLP (“Foley” or “the Firm”) for informational purposes only. It is not meant to convey the Firm’s legal position on behalf of any client, nor is it intended to convey specific legal advice. Any opinions expressed in this article do not necessarily reflect the views of Foley & Lardner LLP, its partners, or its clients. Accordingly, do not act upon this information without seeking counsel from a licensed attorney. This blog is not intended to create, and receipt of it does not constitute, an attorney-client relationship. Communicating with Foley through this website by email, blog post, or otherwise, does not create an attorney-client relationship for any legal matter. Therefore, any communication or material you transmit to Foley through this blog, whether by email, blog post or any other manner, will not be treated as confidential or proprietary. The information on this blog is published “AS IS” and is not guaranteed to be complete, accurate, and or up-to-date. Foley makes no representations or warranties of any kind, express or implied, as to the operation or content of the site. Foley expressly disclaims all other guarantees, warranties, conditions and representations of any kind, either express or implied, whether arising under any statute, law, commercial use or otherwise, including implied warranties of merchantability, fitness for a particular purpose, title and non-infringement. In no event shall Foley or any of its partners, officers, employees, agents or affiliates be liable, directly or indirectly, under any theory of law (contract, tort, negligence or otherwise), to you or anyone else, for any claims, losses or damages, direct, indirect special, incidental, punitive or consequential, resulting from or occasioned by the creation, use of or reliance on this site (including information and other content) or any third party websites or the information, resources or material accessed through any such websites. In some jurisdictions, the contents of this blog may be considered Attorney Advertising. If applicable, please note that prior results do not guarantee a similar outcome. Photographs are for dramatization purposes only and may include models. Likenesses do not necessarily imply current client, partnership or employee status.

Related Services