More than 9.5 million people have signed up for private health insurance coverage this year using the Obamacare exchanges, the Department of Health and Human Services disclosed Tuesday, putting the program within striking distance of meeting its enrollment targets.
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The Congressional Budget Office projects greater enrollment in health insurance from the exchanges this year than the Department of Health and Human Services. According to a report issued Monday, the CBO expects an average of 12 million people to have this form of coverage over the course of 2015. The same report also estimates the Affordable Care Act will cost taxpayers about 20 percent less than projected in 2010, partly because of enrollment totals and health insurance premiums that are lower than expected.
