WASHINGTON, November 18, 2013 — According to a breaking Wall Street Journal report, the Obama Administration said Monday that “it is willing to grant a key concession on the health-care law to big insurers under which they could directly sign up for coverage millions of Americans who qualify for tax credits.”
According to the Journal, “[t]he administration said it was working through technical obstacles with the insurers. If completed, the plan could help some people bypass troubled health-insurance websites including HealthCare.gov.”
The administration has quietly been meeting with insurance executives in Washington to find a way around the increasingly disastrous failure of the website portal that was supposed to serve as the information and registration site for soon-to-be mandatory health insurance coverage.
The healthcare website, which failed from the very beginning on October 1, was purportedly on schedule last week to be fully functional by November 30, but that date was always conjectural at best. Mounting problems involving software, security and system integrity, not to mention over-arching scaling and architecture issues, have increasingly made it clear that a near-term fix is not in the offing.
Adding to the problem, millions of Americans who hold supposedly “grandfathered” policies are getting letters canceling those policies, potentially leaving them without any coverage at all and with virtually no way to replace the canceled policies in a way that complies with the law.
Further developments as they occur.
Read more of Terry’s news and reviews at Curtain Up! in the Entertain Us neighborhood of the Washington Times Communities. For Terry’s investing and political insights, visit his Communities columns, The Prudent Man and Morning Market Maven, in Business.
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