Monday, November 18, 2013

White House Prepares to Throw in the Proverbial Towel on Healthcare.gov

It seems that the broken website is going to be bypassed if the White House gets its way.

The Obama administration said Monday it is weighing whether 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.

If completed, the plan could help some people bypass troubled health-insurance websites including HealthCare.gov.

People can now go straight to an insurer to buy coverage that meets the same standards as policies sold on health-insurance exchanges such as HealthCare.gov. But if customers are eligible for subsidies toward the cost of their premiums, they can get those subsidies only by purchasing their coverage on the exchanges, where plans can be compared side by side.

I'm pretty sure that the insurers websites will be working pretty well. The problem is that you cannot shop around and compare prices between the various insurance companies. That pretty much kills the idea of "bending the cost curve" that Obama was pounding the table about.

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