Will Obamacare make its Oct. 1 launch date?
The schedule for signing up insurance companies has been delayed in the latest holdup for the Affordable Care Act.
Is something gumming up the works when it comes to the scheduled launch of the Affordable Care Act, also known as Obamacare?
Quoting industry sources, Reuters says the Department of Health and Human Services notified insurance companies Tuesday it would push back its schedule to sign final agreements on the new insurance plans from early September to the middle of the month.
But HHS spokeswoman Joanne Peters said the department is still "on track to open" the so-called health insurance marketplaces as scheduled on Oct. 1.
While the reason for the delay isn't known, sources told Reuters it has been attributed to some technology problems regarding the display of insurance products on the federal online system.
Those insurance plans, according to Reuters, need to meet a set of standards to be sold on the marketplaces, and every insurer must sign a contract with the government.
Peters said only that the government was reacting to "feedback" from the insurance companies while "providing additional flexibility and time to handle technical requests."
Concerns are mounting about whether the ACA roll-out will occur on time. Last month the administration announced a one-year delay in a key Obamacare regulation requiring employers with at least 50 full-time workers to provide health care insurance to employees or be penalized.
Earlier this month, The Associated Press quoted Health and Human Services Secretary Kathleen Sebelius saying the schedule was proceeding as planned. "Let me be clear," she said. "We are on target and ready to flip the switch on Oct. 1."
Sibelius also noted consumers can now go online to healthcare.gov and create their personal accounts ahead of the start of open enrollment.
The online insurance marketplaces are meant for people who don't receive health insurance coverage through their jobs, most of whom "will be eligible for tax credits to pay for their premiums," according to AP. The Obama administration is looking to sign up at least 7 million uninsured Americans for the ACA next year.
Insurance coverage is scheduled to begin on Jan. 1, and open enrollment closes March 31.
bwahhahaha, another delay in implementing obamacare. is this a govt run operation or what?
The government was reacting to "feedback " from the insurance companies.
I can't wait for the "feedback" from the those who lose their jobs or have their hours significantly reduced because of this mess.
Will it be ready, very doubtful.
Now we will hear them say "let's implement it and see what happens"
"Let me be clear," she said. "We are on target and ready to flip the switch on Oct. 1."
This quote will soon be added to the trash barrel of other Obummercare broken promises:
1. "It won't add one dime to the deficit....."
2. "If you like your insurance you can keep it....."
3. "Insurance premiums will go down...."
4. "Every American will be covered...."
5. "Health care quality will improve...."
Not to mention the best quote of all time "you have to pass it to find out what's in it....."
oh it'll launch. No one will know what to do with it or how to react and this will end badly :D
but it'll launch!
IF YOU SIGN UP YOU HAVE TO PAY FOR IT!!! I RECOMMEND TO ANY ONE WHO DOES NOT LIKE THIS PROGRAM, OR WHO HAS CONCERNS, TO GO TO THE HEALTHCARE.GOV WEBSITE AND READ ALL OF THE FAQ'S, DO THE ESTIMATES, REVIEW THE FINE INFO AND CALCULATE THE COST TO YOU. REALLY DO YOUR MATH AS IT RELATES TO THE TOTAL COST OF YOUR HOUSEHOLD AND LIVING EXPENSES BEFORE SIGNING UP FOR ANYTHING.
You might just find that it is so expensive, you will barely be able to subsist if you enroll. Especially since you can not drop the insurance until the next open season.
I did the math. It turns out, any of the insurance policies will cost me so much that I would literally not have enough money to buy groceries after my normal living expenses and student loans. I am going to just pay the fine of 1% on my tax return and still pay it when it is 2.5%. I don't qualify for any of the credits for assistance and would charged an insane amount of money.
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A basic income policy can actually ensure a decent standard of living for everyone.
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