A reporter reads a summary of the performance and usage over the first two days of open enrollment of the Massachusetts Health Connector website

A reporter reads a summary of the performance and usage over the first two days of open enrollment of the Massachusetts Health Connector website (Reuters)

U.S. Signs up 8.2 Million People so Far for Insurance on HealthCare.gov

Health Care Reuters

The U.S. government signed up 8.2 million people for health insurance through the HealthCare.gov website, including 2.1 million people from the insurers' most sought-after demographic - those aged under 35, the top health official said on Tuesday.

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That compares with the 6.4 million people who signed up or were automatically enrolled at this time last year, U.S. Department of Health and Human Services Secretary Sylvia Burwell said during a conference call.

HealthCare.gov sells subsidized individual insurance in 37 states, and Burwell said millions more had gained coverage through the state-based insurance exchanges that serve Washington, D.C. and the remaining 13 states.

The enrollment figures come at a time when expectations for 2016 sign-ups have been tempered. The government has said it expects total enrollment of 10 million people via both HealthCare.gov and the state-based exchanges at the end of 2016, about half of what its 2016 estimate had been earlier this year.

Large health insurers have been lukewarm on the market, saying it is a challenge to make money there.

Health insurer UnitedHealth Group Inc said last month that the low enrollment and high medical costs of those covered through the exchanges were causing the company to lose money. It said it would have to review its participation in the two dozen states where it sells plans next year.

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The 8.2 million people signed up or automatically re-enrolled in a plan as of Dec. 19 will have coverage effective Jan. 1. Enrollment remains open through the end of January.

On Friday, the government announced that enrollment was running faster than last year and that 6 million people had signed up through Dec. 17, and shares of insurers rose.

Shares of Aetna Inc, UnitedHealth and Anthem Inc all rose slightly on Tuesday after the government announced the most recent data.

The government said it estimated that more than 9.1 million people were enrolled for health coverage through HealthCare.gov and the state-based exchanges at the end of 2015.

Of the 9.3 million people who were enrolled at the end of September, about 84 percent received subsidies, the government said. The average subsidy was $271 per month. Enrollment fluctuates as people gain or lose employment-base insurance or have a change in status, such as becoming married. 

(Reporting by Caroline Humer; Editing by Chris Reese and Dan Grebler)