'Obamacare' holding its own: 6.4M signed up so far
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"Obamacare" seems to be holding its own. The administration said Wednesday that 6.4 million people have enrolled for subsidized private coverage through HealthCare.gov, ahead of last year's pace.
Despite rising premiums, dwindling insurers, and the Republicans' vow to repeal President Barack Obama's health care law, about 400,000 more people signed up through Monday than for a comparable period in 2015, the Department of Health and Human Services Department said. "Today's enrollment numbers confirm that doomsday predictions about the marketplace are not bearing out," said HHS Secretary Sylvia Burwell.
Still, it's too early for supporters of the Affordable Care Act, or ACA, to say "I told you so." It's unclear if the administration will meet its target of 13.8 million sign-ups. This is partly because the share of new customers is down when compared with current consumers re-upping for another year.