About 9.9 Million Enrollees Pay for Health Insurance on State, Federal Sites

via Wall Street Journal

WASHINGTON—Almost 9.9 million customers selected and paid for health coverage on state and federal marketplaces under the Affordable Care Act as of the end of June, reflecting a drop in overall paid sign-ups.

The number released Tuesday by the Centers for Medicare and Medicaid Services shows the Obama administration is still on track to meet its goal of 9.1 million to 9.9 million people who have paid for coverage through the insurance exchanges by the end of 2015.

Robust sign-ups and premium payments are critical for the Obama administration because Republicans hoping to repeal the health law would likely seize on lackluster enrollment as a sign the ACA was faltering.

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Eric is a Producer at Lockton Insurance Brokers, Inc., the world’s largest privately held commercial broker. Eric has over 23 years of experience in the insurance industry and has spent the last 11 years with Lockton. Eric specializes in Health & Welfare Benefits, Retirement Planning, and Executive Benefits. Eric's clients utilize his expertise in the areas of Plan Due Diligence, Transaction Structure, Fiduciary Oversight, Investment Design, Compliance and Vendor negotiation to improve the operational & financial outcome for each client. The Benefit Blog is a place to share that expertise and industry news.
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