Analysts worry about a drop-off in Affordable Care Act signups in the last days before December 15.
With just over a week to go in enrollment, sign-ups for the Affordable Care Act, or Obamacare, are still rising, but will probably come up shorter than previous years. That's about 20 percent higher than the comparable period a year ago.More news: Sufjan Stevens Pays Homage to Tonya Harding on New Song
Unless there's a sudden surge in sign-ups in the next week, experts expect the final tally to fall short of the 12.2 million sign-ups seen a year ago. Last year's deadline was January 31. In addition to shrinking the enrollment period, the administration has cut certain subsidies to health insurance companies that cover low-income people; slashed the consumer outreach budget by 90 percent; and planned outages of the federal marketplace website, Healthcare.gov, during peak enrollment times.
In New York and California, for example, the deadline is much later than the open enrollment period. If you have a public health insurance program like Medicare or Medicaid, this doesn't apply to you.More news: Merck KGaA (MRK) Given a €120.00 Price Target at UBS
The Senate tax bill approved last weekend eliminates the penalty for those who choose not to enroll in health insurance.
Aware of Obamacare and its legal requirements, a pro-life research organization reports the Affordable Care Act is breaking the law.More news: Alec Baldwin: 'Grand Jury' Late Night Shows Are Harming "Innocent People"
The White House argues that shortening the enrollment period benefits Americans because it ensures they have coverage started from January 1.
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