HHS Says 2.2M Chose Health Care Plans by Dec. 28

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Jan. 13 (Bloomberg) –- Bloomberg’s Megan Hughes reports on the latest data released by the Department of Health and Human Services on the Health Care enrollment. She speaks to Trish Regan on Bloomberg Television’s “Street Smart.” (Source: Bloomberg)

Just releasing some updated enrollment numbers for healthcare.gov.

Megan hughes joins us with a look.

There are some signs of improvement.

Now we have a snapshot from october through december 28. 2.2 million people signed up both in the federal and state exchanges.

The goal is to have 7 million signed up by march, so they have a long way to go.

They did see a big surge near the end of the year.

79% of those involved a plan with financial assistance.

So we are getting a sense of how much taxpayers will be on the hook for.

The obama administration released demographic information, who is signing up.

This is critical for insurers to set rates next year.

70% of sign-ups are over the age of 34. one third of them are 55 and older.

That could be a sign of trouble.

It could lead to premium increases.

Hha officials said they are pleased with the mix.

They are stressing that open enrollment goes until the end of march.

That thing young people will wait until the end -- until the last minute to sign up.

Coming up, we will talk retail.

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