Affordable Care Act enrollment reaches 3.3 million

Affordable Care Act Enrollment Nears 3.3 Million
Affordable Care Act Enrollment Nears 3.3 Million

(HealthDay News) -- 3.3 million Americans have signed up for health insurance through the state and federal marketplaces created by the Affordable Care Act, the Obama administration announced Wednesday.

About 25 percent of those who have selected a health plan are young adults, aged 18 to 34. That demographic has been considered crucial to the success of the health reform law because young people help offset the cost of covering older, sicker individuals.

The administration's new enrollment report shows that 1.1 million people selected a health plan in January. Since Oct. 1, 2013, 1.4 million people have selected a health insurance plan through one of the state-based marketplaces and 1.9 million entered via the federal marketplace, HealthCare.gov.

"With the benefit of a full month of January data, we're able to paint a more holistic picture of enrollment to date, and it's very encouraging news," U.S. Health and Human Services Secretary Kathleen Sebelius said during a Wednesday afternoon news conference. The current open enrollment period continues through March 31.

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