More Georgians sign up for Obamacare

6:15 AM, Jan 14, 2014   |    comments
Cathey Park shows her bandaged hand written 'I love Obamacare' as she waits to hear US President Barack Obama speaking on healtcare at the Faneuil Hall in Boston, Massachusetts, on October 30, 2013. (Jewel Samad/AFP/Getty Images)
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ATLANTA -- More than 58,000 Georgians had signed up for health coverage through the insurance exchange as of Dec. 28, a nearly tenfold jump from the month before, according to a federal report released Monday.

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The jump reflects a more functional federal website, and came ahead of the deadline of late December to sign up for insurance to begin Jan. 1, reports Georgia Health News.

Thirty percent of the Georgia enrollees are younger than 35, a key statistic in determining whether the Affordable Care Act's exchange will work.

Insurance experts say for the exchange to work and be economically viable for insurers, there must be enough young and healthy enrollees in the exchange to balance to risk from older and sicker enrollees.

Nationally, nearly 1.8 million signed up for health insurance through Obamacare's exchanges in December, nearly five times as many people who got coverage during the exchange's first two months.

That brings the number of Americans who have received coverage through HealthCare.gov, the federal exchange and state exchanges to 2.2 million, according to the official enrollment numbers released Monday.

(Atlanta Business Chronicle)

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