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Obamacare Web site continues to suffer problems

  • Health insurers are continuing to receive error-strewn information from the government's HealthCare.gov Web site as the starting date for Obamacare coverage of January 1 draws closer.
  • However, the government maintains that the problems stem from data that was transferred to insurers in October and November, and that information passed over this month is accurate.
  • The government wants insurance companies to take a relaxed approach to the various deadlines and consumer coverage-issues that may crop up until all the kinks are ironed out, but whether the firms will comply is another matter.
  • Either way, bureaucratic chaos is expected to reign come the New Year.
  • More on Obamacare.
  • Relevant company tickers: AET, HNT, HUM, UNH, WLP, MOH.
  • ETFs: XLV, XHE, VHT, FXH, IHF, IHI, IYH, PTH, RYH, PSCH, RXL, RXD, XHS.
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Comments (8)
  • bbro
    , contributor
    Comments (10407) | Send Message
     
    A PR disaster for the Obama and prime opportunity for the GOP to step in...but they probably won't. The GOP needs to realize this appeals to a certain consituency (Hispanic) they will need in the future. WLP is up 46% on the year but down 5% in the last 2 weeks.
    15 Dec 2013, 04:00 AM Reply Like
  • justaminute
    , contributor
    Comments (869) | Send Message
     
    It's a shame what the US government has become.
    15 Dec 2013, 11:25 AM Reply Like
  • DeepValueLover
    , contributor
    Comments (9718) | Send Message
     
    Beginning to think Romney wouldn't have been such a bad idea...
    15 Dec 2013, 11:53 AM Reply Like
  • Covingtonium
    , contributor
    Comments (459) | Send Message
     
    You thought Obama was a good idea?
    16 Dec 2013, 01:58 PM Reply Like
  • DeepValueLover
    , contributor
    Comments (9718) | Send Message
     
    "None of the Above" was my option.
    17 Dec 2013, 03:46 PM Reply Like
  • Hubert Biagi
    , contributor
    Comments (711) | Send Message
     
    A huge waste of money, not to mention the government going where it doesn't belong. For the $3T that Obamacare is projected to run over the next ten years, the government could have sent a check for $10k each year, for the next ten years, to every one of those 30 million "uninsured". That would have been a lot easier and a whole lot more honest. But in the end, Obamacare is not about lowering healthcare costs and it's not about improving healthcare. Its about redistributing "wealth from the healthy to the sick, from the young to the old, from the people who have always had insurance to the uninsured."
    15 Dec 2013, 12:33 PM Reply Like
  • justaminute
    , contributor
    Comments (869) | Send Message
     
    It's about power and control - nothing more.
    15 Dec 2013, 03:24 PM Reply Like
  • Continental Kid
    , contributor
    Comments (228) | Send Message
     
    honestly ..they expect doctors to see patients for free til they figure things out....that does not pay the rent, lights, salaries, lab fees...ect....Obama is such a F888 up and is already distancing himself from this...by trying to say others failed him...instead of owning up....pathetic...sigh

     

    off my soap box.......had to vent......best of luck to all
    15 Dec 2013, 08:43 PM Reply Like
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