Saturday, January 11, 2014

Obamacare Website Problems Have Become Insurance Problems

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by Meghan Foley, Wall Street Cheat Sheet
 
By the end of 2013, roughly two million Americans had enrolled in insurance plans via the state and federal insurance exchanges created under the auspices of the Affordable Care Act. While that number was significantly below the 3.3 million administration officials had set as a year-end target, it was regarded as proof that enrollment trends had gained momentum after the early December relaunch of the federal healthcare website — where, for weeks, numerous design flaws and software errors had caused hours-long wait times and prevented potential customers from creating accounts and completing the 30-step enrollment process. The 2-million enrollment figure — a small portion of the 6 to 7 million total enrollments expected by the administration — was a sign that the website’s technical problems had not completely derailed the health care reform. READ MORE

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