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Sign-ups pick up in week five of 2018 Obamacare open enrollment

Sign-ups pick up in week five of 2018 Obamacare open enrollment”

More Americans are signing up for the Affordable Care Act's subsidized health insurance, but the end tally is projected to fall short of expectations.

In states served by HealthCare.gov, approximately 3.6 million people signed up by December 2, ABC reports.

The federal website attracted 9.2 million signups during last year's enrollment period, which lasted three months - equating to about 100,000 signups per day. An analyst said he expected a 20 percent decline in Obamacare enrollment for 2018.

Still, since President Donald Trump cut the enrollment period in half and sliced advertising spending by 90 percent, it is nearly certain sign-ups will be much lower.

Buying health insurance through the ACA is advisable if someone doesn't get it through an employer or public program, such as Medicare or Medicaid, Dugger said.

The strong numbers so far come despite cuts the Trump administration made to ObamaCare's advertising and outreach budget. Those are words from a local health insurance agent to anyone who relies on insurance through the affordable care act.

While enrollment numbers are expected to be lower than a year ago, there are some factors that may affect the end tally.

That means insurance enrollment through the state exchange, where individuals and small businesses shop for plans, is up almost 30 percent in the first month of the annual open enrollment period compared to the same period previous year. Sign-ups in these states could boost the final count, but the figures wouldn't be available for weeks.

The Senate tax bill approved last weekend eliminates the penalty for those who choose not to enroll in health insurance.



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