- This just in April 17
President Obama on Thursday announced that 8 million people have signed up for health insurance through ObamaCare's exchanges since they went live in October. That's a significant uptick from the end of March, when just over 7 million people had obtained coverage, which indicates that people are still signing up in droves.
And the president noted that 35 percent of all enrollees were under the age of 35, the demographic most crucial to the law's success. Since younger people tend to be healthier and have lower health-care costs, ObamaCare needs their participation to offset the costs of adding older, sicker enrollees.
"This thing is working," Obama said.
The latest enrollment figures make the prospect of a dreaded "death spiral" — which was already highly unlikely — even more so. And the news comes soon after Gallup found the uninsured rate falling nationwide as a result of ObamaCare, and on the heels of a CBO report projecting the law would cost $104 billion less than anticipated over the coming decade.
"The repeal debate is and should be over," Obama said.- -
THE WEEK'S AUDIOPHILE PODCASTS: LISTEN SMARTER
- It's official: The religious right is calling it quits
- 43 TV shows to watch in 2014
- Obama just kneecapped Jeb Bush and Chris Christie's 2016 prospects
- How to be the most productive person in your office — and still get home by 5:30 p.m.
- The dangerously childish morality of liberal ObamaCare supporters
- How science is accelerating our search for alien life
- 10 classic Sesame Street moments we wouldn't show today's kids
- The real story behind Deliver Us From Evil
- Inside Turkey's shadow war with ISIS
- The Hunger Games: Mockingjay — Part 1: 10 major differences between the book and the movie
Subscribe to the Week