The Obama administration on Monday announced that 5 million individuals have signed up for health care coverage under the Affordable Care Act (ACA) since October 1, which is when the law's insurance exchanges launched.
Those looking to sign up for private health coverage under the ACA are up against a March 31 deadline to enroll. With the enrollment deadline looming, the federal Healthcare.gov website experienced an uptick in site visits over the last several days, which "have been the busiest since December," according to Marilyn Tavenner with the U.S. Centers for Medicare and Medicaid Services.
The Congressional Budget Office's (CBO) projects that some 6 million people could sign up for health coverage under the law by the March 31 deadline. Enrollment could reach close to the CBO's figure by the end of the month if sign ups continue to climb.
The administration did not state how many of the 5 million enrollees are in the 18 to 34 age range in Monday's announcement. Its important for young and healthy people to enroll for health coverage through the ACA's insurance marketplaces to help keep premiums low by offsetting the costs associated with sicker people.