Page Title:
WSJ: Obamacare Software Can't 'Reliably Determine' Enrollees' Eligibility For Subsidies

Page Description:
The centerpiece of President Obama’s new health law is a collection of government-sponsored insurance exchanges, in which people who shop for coverage on their own can purchase health insurance, and gain a taxpayer-funded subsidy if their income is low enough. The exchanges are set to roll out on October 1, in less than two weeks. In other words, it’s crunch time. And in this morning’s Wall Street Journal comes word that the exchange software, for which the government has spent upwards of $88 million, still can’t correctly calculate the amount of subsidies that an individual applicant is eligible for. “There’s a blanket acknowledgment that rates are being calculated incorrectly,” one senior insurance executive told the WSJ. “Our tech and operations people are very concerned about the problems they’re seeing and the potential of them to stick around.”

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