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Friday, September 20, 2013

Two Weeks And Counting ...

T.R.A.I.N.W.R.E.C.K.

The Wall Street Journal is reporting:
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.
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.
The remaining 14 states are running separate marketplaces with their own software. One of those states, Oregon, has already announced that it would delay some features to fix software bugs, though consumers will be able to enroll offline.
It will be interesting to see the premiums Oregon will charge for individual health care insurance. Something tells me Oregon won't be putting "affordable" into the Affordable Care Act.

It appears millions of part-time workers are going to lose their health care insurance after October

Retirees are being cost-shifted from their company plans to these non-existent on-line exchanges.

By November 1, 2013, regardless of what Congress does with regard to funding O'BamaCare, the trainwreck will be the number one story across America. Absolutely amazing how this has spun out of control. Think about it. The government has trouble compiling weekly jobless reports and now millions of Americans are going to be going on-line all on the same day to enroll. Servers will shut down. On-line exchanges won't be up. It will be a trainwreck. This prediction/description originated with one of bill's co-sponsors and lead writers. Wow.

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