Obama on ObamaCare: 'This thing is working'

Chip Somodevilla/Getty Images

Obama on ObamaCare: 'This thing is working'
(Image credit: Chip Somodevilla/Getty Images)

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.

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Jon Terbush

Jon Terbush is an associate editor at TheWeek.com covering politics, sports, and other things he finds interesting. He has previously written for Talking Points Memo, Raw Story, and Business Insider.