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Health exchanges face tech glitches

  • While the health exchanges that are a key part of Obamacare are due to open for business on Tuesday, some states won't be able to offer full functionality at first because of IT problems.
  • The states include New York, Oregon and Colorado, as well as the District of Columbia.
  • In addition, the Obamacare Spanish-language Internet site won't be ready, while small businesses and their staff won't be able to sign up for weeks.
  • The contractors involved include IBM (IBM) and Infosys (INFY)
  • ETFs: XLV, XHE, VHT, FXH, IHF, IHI, IYH, PTH, RYH, PSCH, RXL, RXD, XHS.
Comments (17)
  • nemonemo
    , contributor
    Comments (309) | Send Message
     
    And these liberals morons want to control healthcare and life of people who can't even maintain a website. God help USA from Obama. We are doomed.
    29 Sep 2013, 02:43 AM Reply Like
  • bgold1955
    , contributor
    Comments (1929) | Send Message
     
    How have your investments done since Feb 2009 vs the prior 4years?
    29 Sep 2013, 11:00 AM Reply Like
  • nemonemo
    , contributor
    Comments (309) | Send Message
     
    Feb 2009 to now, 30M more people on foodstamp. 20M to almost 50M. 10% of US population on foodstamp. 4 more years of Obama, we will have 20% of US population on foodstamp.
    29 Sep 2013, 03:09 PM Reply Like
  • aeroguy48
    , contributor
    Comments (607) | Send Message
     
    Surprise, surprise Gomer.
    29 Sep 2013, 07:17 AM Reply Like
  • GaltMachine
    , contributor
    Comments (1135) | Send Message
     
    Obamacare is the glitch :)
    29 Sep 2013, 10:07 AM Reply Like
  • EK1949
    , contributor
    Comments (1477) | Send Message
     
    New programs fail their way to success. First you start them up then tweak them. It's pretty much that way every time. Did you know that some people opposed Medicare initially, like doctors groups and famous politicians like Ronald Reagan? Amazing, isn't it?

     

    And the funny thing is you rarely hear anyone say how wrong they were to oppose a program that is now seen as essential. Try to defund Medicare. Go ahead and see how far you get. In a few years ACA will be as well established as Medicare is today. The sky will not fall. Life goes on, and like many innovations ACA will become a part of life we can't imagine living without. We'll make ACA work because we can, just like previous programs. It just takes time, that's all.
    29 Sep 2013, 12:44 PM Reply Like
  • Poor Texan
    , contributor
    Comments (3529) | Send Message
     
    Hey, it's only money. At least the doctors and hospitals will get their bills paid.
    29 Sep 2013, 12:51 PM Reply Like
  • GaltMachine
    , contributor
    Comments (1135) | Send Message
     
    EK,

     

    If your definition of success is to make everyone become ever more dependent upon government and hence less free, rather than self-reliant, then I have no doubt that all government programs would qualify as successes.

     

    Why not make the minimum wage a $100/hr? The government has the power to make that happen.

     

    :)
    29 Sep 2013, 12:59 PM Reply Like
  • Jake2992
    , contributor
    Comments (825) | Send Message
     
    GaltMachine,

     

    blahh blahh self reliance blahh blahh dependence blahh blahh blahh government is bad.

     

    Is there a mad lib you right wing sycophants fill out when you make comments online. Its all the same inane gibberish spewage.
    29 Sep 2013, 03:26 PM Reply Like
  • GaltMachine
    , contributor
    Comments (1135) | Send Message
     
    Jake,

     

    What is about it being a liberal that makes you so angry (as well as incoherent I might add)?

     

    This law is a disaster and I feel sorry for you in thinking and believing that what the President promised will not be delivered. I don't blame you at all.

     

    Great article from the Washington Post on this subject:

     

    http://wapo.st/15gHS8S
    "Left behind: Stories from Obamacare’s 31 million uninsured
    The Affordable Care Act, the most sweeping health care program created in a half century, is expected to extend coverage to 25 million Americans over the next decade, according to the most recent government estimates. But that will still leave a projected 31 million people without insurance by 2023. Those left out include undocumented workers and poor people living in the 21 states, such as Virginia, that have so far declined to expand Medicaid under the statute, commonly called Obamacare.

     

    “The law will cut the number of the uninsured in half,” said Matthew Buettgens of the Urban Institute. “This is an important development, but it certainly isn’t the definition of universal.”
    By Sarah Kliff and Lena H. Sun, Published: September 8 at 7:26 pm

     

    Have a very nice day!
    29 Sep 2013, 03:49 PM Reply Like
  • EK1949
    , contributor
    Comments (1477) | Send Message
     
    "If your definition of success is to make everyone become ever more dependent upon government and hence less free, rather than self-reliant, then I have no doubt that all government programs would qualify as successes."

     

    I want people to depend on anything that improves their lives and I don't think much of the freedom to be poor, sick and die young.
    29 Sep 2013, 11:23 PM Reply Like
  • GaltMachine
    , contributor
    Comments (1135) | Send Message
     
    Ek,

     

    This law does not address this issue:

     

    "I want people to depend on anything that improves their lives and I don't think much of the freedom to be poor, sick and die young. "

     

    Based upon all the media reporting and promises made by the President, I can understand why you believe this to be true. Just read that article I posted above, 31 million people will still face this issue in the future.

     

    There is no "free" healthcare.

     

    Let me know if you still love this law when you do your taxes next year and have to report on your health plan details. If your plan isn't up to standard you might find the tax penalty you face to be an eye-opener.

     

    I wish you all the best!
    30 Sep 2013, 01:28 PM Reply Like
  • WallStreetDebunker
    , contributor
    Comments (2244) | Send Message
     
    Now it's clear why Buffett bought IBM. The complexity of maintaining the information systems for the health insurance exchanges will be an enduring growth project. I pity the software system analysts who have to figure out the spaghetti bowl of regulations, tax credits, rate schedules, and so on.

     

    After looking at my state's confusing and incomplete health exchange website, it's obvious that the health exchanges will result in an army of middle class paper-pushing jobs and significant federal tax rebates for people making up to 400% of the national poverty level. Is this the Administration's idea of how to improve the economy? (Tax, spend, and employ bureaucrats to implement a complex system that average Americans cannot decipher without the aid of a bureaucrat.)
    29 Sep 2013, 01:06 PM Reply Like
  • tomlos
    , contributor
    Comments (1097) | Send Message
     
    Good call.. I never even thought of that. IBM is so embedded with all of those large systems, POS systems, etc so this would be a natural fit for them.. Big Blue is otherwise a dying aging giant.
    29 Sep 2013, 02:32 PM Reply Like
  • rungrandpa
    , contributor
    Comments (210) | Send Message
     
    jobs bill = oxymoron
    29 Sep 2013, 05:16 PM Reply Like
  • EK1949
    , contributor
    Comments (1477) | Send Message
     
    "After looking at my state's confusing and incomplete health exchange website, it's obvious that the health exchanges will result in an army of middle class paper-pushing jobs and significant federal tax rebates for people making up to 400% of the national poverty level. Is this the Administration's idea of how to improve the economy? (Tax, spend, and employ bureaucrats to implement a complex system that average Americans cannot decipher without the aid of a bureaucrat.)"

     

    You didn't see anything helpful? Let them know so they can improve the site. If you talk to someone you might get your questions answered.

     

    I'm facing the same situation now with Medicare. Like millions of people before me I'll have to figure out how to choose the right option. I'm not about to waste time crying about paper pushing, especially since the private sector paper pushers add hugely to health care costs. I wish we could get rid of them. That would really help.
    29 Sep 2013, 11:38 PM Reply Like
  • JonBeGood
    , contributor
    Comments (139) | Send Message
     
    Investors by nature tend to be fiscally conservative. High achievers tend to believe in limited government with the market system providing an incentive for people to take personal initiative with respect to getting a good education and seeking employment in the market place.
    Nevertheless, I think the Affordable Care Act should go forward and given a chance to see if it can provide more opportunity to deserving Americans to own health insurance. It can be revised thru amendment if necessary or replaced with something more effective. No need for panic here.
    30 Sep 2013, 01:14 AM Reply Like
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