Less than two weeks before the launch of insurance marketplaces created by the federal health overhaul, the government's software can't reliably determine how much people need to pay for coverage, according to insurance executives and people familiar with the program.
Government officials and insurers were scrambling to iron out the pricing quirks quickly, according to the people, to avoid alienating the initial wave of consumers.
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A failure by consumers to sign up online in the hotly anticipated early days of the "exchanges" is worrisome to insurers, which are counting on enrollees for growth, and to the Obama administration, which made the exchanges a centerpiece of its sweeping health-care legislation.
If not resolved by the Oct. 1 launch date, the problems could affect consumers in 36 states where the federal government is running all or part of the exchanges. About 32 million uninsured people live in those states, but only a fraction of them are expected to sign up in the next year.
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Four people familiar with the development of the software that determines how much people would pay for subsidized coverage on the federally run exchanges said it was still miscalculating prices. Tests on the calculator initially scheduled to begin months ago only started this week at some insurers, according to insurance executives and two people familiar with development efforts.
"There's a blanket acknowledgment that rates are being calculated incorrectly," said one senior health-insurance executive who asked not to be named. "Our tech and operations people are very concerned about the problems they're seeing and the potential of them to stick around."...Read the full story HERE.
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3 comments:
So what's happening here is that these exchanges give you a wrong quote on the costs of the different policies that they quote you. Example...you choose a $2,000 policy through the exchanges and find out later the cost is less....OR MORE!
Too bad this software isn't being used to re elect President Obama, then somehow it would be state of the art. Unfortunately, this software only involves real people's lives and information. Now we all HAVE to be part of govt's screw ups. All of us little people, anyway. Congress and the Pres. And their people get to keep all their stuff.
I meant that they don't have to participate in this perpetually growing bureaucratic nightmare.
AZ
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