With less than two weeks left before the enrollment deadline for health insurance under the Affordable Care Act (ACA), an estimated 4.2 million Americans have already signed up since enrollment began on October 1, 2013. The Congressional Budget Office predicted 6 million signups by the March 31, 2014 deadline.
Obamacare, as the ACA is more commonly known, has been controversial. The government web site through which most Americans must sign up (some states have their own web site) was rife with technical problems for weeks after it launched. Although signing up by phone or by mailing in an application is possible, the focus of the media and Obamacare supporters was on sending people to the website, whose early technical problems were likely to have slowed down registration. The Obama Administration has not made their own prediction of the number of final sign-ups nor have they commented on the 6 million predicted by the Congressional Budget Office.
By signing up for health insurance through the ACA marketplace, many Americans will qualify for a tax credit or subsidy...