Jan. 1 (Bloomberg) — About 2.1 million people will have medical coverage today through Obamacare after a late surge in enrollment helped regain ground lost to the botched debut of insurance exchanges created by PPACA.   More than 1.6 million Americans signed up through state and federal exchanges in December alone, according to calculations from data released yesterday by the U.S. Department of Health and Human Services. The December tally is more than quadruple the first two months of the government's sign-up period.

The December surge provides a boost to President Barack Obama, whose fumbling of the October rollout of the insurance exchanges initially thwarted the high participation needed to spread the costs of his health-care expansion. The Patient Protection and Affordable Care Act is supposed to offer private coverage to as many as 7 million people by the end of March.

"The new law is transformational for our entire health- care system and for millions of Americans who finally have health security," Kathleen Sebelius, the U.S. health secretary, told reporters on a conference call.

In addition to those gaining private insurance, about 3.9 million others have been newly determined eligible for Medicaid plans for the poor, or for state children's programs. It's not known how many of those people actually enrolled, since that process must be completed with state governments in most cases.

Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.

Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.