10 times as many people sign up for Medicaid than private insurance under Obamacare

Posted on 11/12/2013 5:16 AM in Politics

WaPo reports that 40,000 people have signed up for private insurance under Obamacare. That is in contrast to 440,000 who have signed up for Medicaid.

Roughly 40,000 Americans have signed up for private insurance through the flawed federal online insurance marketplace since it opened six weeks ago, according to two people with access to the figures.

The figure of 40,000 disclosed Monday did not include Medicaid sign-ups. At least 440,000 people have signed up for Medicaid through the health-care initiative, according to Avalere Health, a consulting firm that has been tracking sign-ups. Budget forecasters have projected that in 2014 there will be a much more even balance between private insurance and Medicaid participants.

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