Study: ACA enrollment reaches 10.3 million

A new report from the New England Journal of Medicine was released on July 23 that showed insurance coverage for the Affordable Care Act had reached about 10.3 million Americans since the first enrollment period started last year.

Since April, the national uninsured rate declined from 21 percent to 16.3 percent from the low- and middle-income households signing up for medical insurance through the new federal healthcare law, the Modern Healthcare reported.

"We are committed to providing every American with access to quality, affordable health services and this study reaffirms that the Affordable Care Act has set us on a path toward achieving that goal," said Sylvia Mathews Burwell, Secretary of the Health and Human Services, according to the source.

The New England Journal of Medicine was in collaboration with Gallup survey data that received responses from more than 400,000 individuals over a 28-month period, the source reported.

According to the Washington Post, the ACA reached its enrollment goal of 7 million people by the first deadline in April of this year. Many healthcare experts thought the goal was too high, but the new 10 million-plus mark shows that Americans are opening up to the new system.