Admin. dials back goal for health law sign-ups
WASHINGTON - The administration is dialing back expectations for health insurance sign-ups in the second year of President Barack Obama's big push to cover uninsured Americans.
A report released Monday by the Health and Human Services department estimates that 9 million to 9.9 million paying customers will enroll for 2015.
That's significantly lower than the 13 million the Congressional Budget Office projected earlier this year.
But it does represent an increase of roughly 30 to 40 percent from the 7.1 million currently signed up.
Under the health law, people who don't have coverage on the job can buy taxpayer-subsidized private insurance through HealthCare.gov and state insurance markets. Many are required to do so to avoid fines.
Open enrollment starts Saturday. Consumers can get an early peek at premiums now on HealthCare.gov.