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Keyword: exchange

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  • PreferredOne premiums will jump

    10/15/2014 5:31:14 PM PDT · by TurboZamboni · 7 replies
    Star Tribune ^ | 10-14-14 | CHRISTOPHER SNOWBECK
    The insurer pulled out of the MNsure exchange and foresees a 63 percent average premium increase. Sticker shock could be on the horizon for thousands with coverage from PreferredOne, the top-selling health plan in the first year of the MNsure exchange. The Golden Valley-based insurer said Wednesday that its individual market subscribers will see an average premium increase next year of 63 percent. The company plans to send letters at the end of October telling individuals exactly what to expect, since the average represents a blending of higher and lower rates for individuals that vary by age, geography and smoking...
  • MNsure says 2015 premiums going up but will remain nation's lowest

    10/01/2014 7:50:32 PM PDT · by TurboZamboni · 3 replies
    Pioneer Press ^ | 10-1-14 | Nick Woltman
    Premiums on the state's MNsure health insurance exchange will rise in 2015, but they will still likely be the lowest in the nation. The Minnesota Department of Commerce said Wednesday that the rates offered by the four insurers still participating in the exchange will increase an average of 4.5 percent over their 2014 levels. "Not only is the average rate increase low for companies returning to the exchange, but Minnesotans living in each area of the state will have more product choices available this year to fit their individual health insurance needs," Commerce Commissioner Mike Rothman said in a statement....
  • Is Obamacare Collapsing In Minnesota?

    09/17/2014 6:54:07 PM PDT · by markomalley · 34 replies
    Powerline ^ | 9/17/2014 | John Hinderaker
    Obamacare in Minnesota is called MNSure. The state had the usual problems (worse, I believe, than in most states) getting its system and its web site up and running. Once the enrollment period got underway, the dominant insurer turned out to be PreferredOne. Reportedly offering the lowest premiums in the nation, PreferredOne signed up nearly 60% of all MNSure participants. So it was a bombshell when PreferredOne announced earlier this week that it will no longer participate in the state’s exchange, saying that “continuing to provide this coverage through MNsure is not sustainable.”It seems a foregone conclusion that this will...
  • Big Minnesota insurer leaves Obamacare site

    09/16/2014 3:09:45 PM PDT · by TurboZamboni · 6 replies
    yahoo ^ | 9-16-14 | Dan Mangan
    Minnesota Obamacare is calling it quits. PreferredOne, the insurer that sold nearly 60 percent of all private health plans on Minnesota's Obamacare exchange, on Tuesday said it would leave that marketplace. PreferredOne's plans were the lowest-cost options on that exchange, known as MNSure. PreferredOne cited the costs of doing business on MNSure as the reason for its surprising decision, saying that selling plans is "not administratively and financially sustainable going forward," according to KSTP.com, the website of that Minnesota TV News network.
  • For the Left, Cool Is King

    07/26/2014 6:33:07 PM PDT · by afraidfortherepublic · 9 replies
    National Review ^ | 7-26-14 | Jonah Goldberg
    Conservatives need to get over their insecurities about not being cool in the eyes of liberals. ear Reader (including the many new anti-Semitic and just plain bat-guano crazy people who’ve wandered into my life in recent days), Last night I said on Twitter: Forgetting may not be the right word. Though if this was the Soviet Union, teams of fat-fingered bureaucrats would be airbrushing his likeness from all official records. In case you’re not up to speed, let’s recap. It’s really a wonderful, feel-good story for the whole family. In the Halbig decision this week, the court ruled that according...
  • MNsure failing to produce results

    07/23/2014 9:12:27 AM PDT · by TurboZamboni · 6 replies
    Quad Community Press ^ | 7-22-14 | Linda Runbeck
    It’s been almost one year since Minnesota rolled out its state version of Obamacare, called MNsure. How is this experiment with government-run health care working? Let’s start with the basic fact that Minnesota’s health care is second to none. Before MNsure, close to 97 percent of Minnesotans had health insurance coverage or were eligible to procure it at very low or no cost. This was among the highest percentage of insured people in the nation. Some $160 million in taxpayer money has been spent to launch MNsure, and we are no better off today. The state had two unique programs:...
  • Report: More Than Expected Will Drop Out Of Colorado’s Obamacare Program (Abandon Ship!)

    07/09/2014 1:37:02 AM PDT · by Up Yours Marxists · 6 replies
    Daily Caller ^ | July 9, 2014 05:16 GMT | Greg Campbell
    Nearly twice as many people are expected to drop out of Colorado’s state-run health care exchange in the coming years than originally projected, leading to nearly $2 million lost in associated fees for the financially embattled program over the next two years. Connect for Health Colorado originally projected that 13 percent of enrollees will either leave the exchange in fiscal 2015 or fail to pay their bills, but now they project the figure to be as high as 24 percent, according to the Denver Post. If that’s the case, the exchange will lose out on about $1 million in fees...
  • Obamacare Employees Behind Failed Oregon Exchange Now Getting Cushy Bonuses

    06/25/2014 2:34:04 AM PDT · by Libloather · 6 replies
    Daily Caller ^ | 6/24/14 | Sarah Hurtubise
    Now that Oregon’s Obamacare exchange has entirely given up on fixing or running its own Obamacare website, the state exchange is handing out hundreds of thousands of dollars in taxpayer funding as bonuses to employees that stick around until the federal government takes over. “Many of the employees who voluntarily left Cover Oregon had key skills that are not easily replaced both in IT and in health care laws and regulations,” interim director Clyde Hamstreet wrote to the exchange’s board, Oregon Live reports. “We cannot afford to keep losing valuable employees if we are to complete the workload for the...
  • Secret Video Prompted Exchange

    06/04/2014 9:25:24 AM PDT · by garjog · 22 replies
    Wall Street Journal ^ | Updated June 3, 2014 | By ADAM ENTOUS, DION NISSENBAUM and MICHAEL R. CRITTENDEN
    Two secret videos showing rapid deterioration in Sgt. Bowe Bergdahl's health persuaded reluctant military and intelligence leaders to back the prisoner swap that has stoked a backlash, officials said Tuesday, as the Army launched a new probe into why the soldier disappeared from base shortly before his capture by the Taliban in 2009.
  • Jay Carney Jabs at Fox News During Tense Exchange with Ed Henry

    05/01/2014 10:30:35 AM PDT · by Nachum · 55 replies
    Mediaite ^ | 5/1/14 | Andrew Kirell
    In light of leaked emails regarding the 2012 Benghazi attack, White House Press Secretary Jay Carney and Fox News White House correspondent Ed Henry went head-to-head during Thursday’s press briefing. At one point, the press secretary took a jab at the reporter and his employer. After Henry questioned Carney over why the Ben Rhodes-authored emails focused on an anti-Islamic video rather than the terrorism aspect of the deadly siege, the press secretary remarked that the CIA-produced talking points at the time referred to protests at the Benghazi consulate as being inspired by similar demonstrations outside the American embassy in Cairo....
  • Maryland Obamacare exchange spent $90 million on technology before abandoning website

    04/19/2014 5:14:06 PM PDT · by Tolerance Sucks Rocks · 16 replies
    The Daily Caller News Foundation ^ | April 19, 2014 | Sarah Hurtubise
    Maryland has given up on its Obamacare website, but not before spending $90 million of taxpayer funding on technology, according to a cost breakdown released Friday.Of the $90 million, exchange board Chairman Joshua Sharfstein said that the marketplace spent $55 million on the website itself, The Washington Post reports. Officials opted in late March, after six months of struggling with the inoperable system, to give up on fixing the website and start over again with a model of Connecticut’s more successful exchange website.Maryland’s Obamacare exchange received millions in federal taxpayer dollars to build its Affordable Care Act website and was...
  • Maryland to reportedly abandon $125M ObamaCare exchange for new system

    03/29/2014 2:09:44 PM PDT · by Olog-hai · 28 replies
    Fox News ^ | March 29, 2014
    With just days to go before open enrollment ends on March 31, Maryland officials are reportedly planning to abandon its glitch-ridden ObamaCare website and replace the health exchange with technology from Connecticut’s marketplace. The Washington Post reported late Friday that the board of the Maryland exchange will vote on changing the system that has cost at least $125.5 million at a meeting on Tuesday, the day after the end of the first enrollment period under ObamaCare. …
  • Maryland to dump its ObamaCare exchange

    03/29/2014 11:02:35 AM PDT · by SeekAndFind · 13 replies
    Hotair ^ | 03/29/2014 | Ed Morrissey
    If you like your exchange … you can keep your exchange? And if you don‘t like your state ObamaCare exchange — because it hasn’t functioned properly in six months despite endless promises that Maryland would fix it — you don’t have to keep your exchange. The state will finally throw in the towel on its $125 million web portal, and will replace it with a copy of Connecticut’s: Maryland officials are set to replace the state’s online health-insurance exchange with technology from Connecticut’s insurance marketplace, according to two people familiar with the decision, an acknowledgment that a system that has...
  • Bitcoin swap agreement could lead to regulated derivatives

    03/24/2014 1:02:40 PM PDT · by Errant · 16 replies
    Market Watch [WSJ] ^ | 24 March 2014
    The Tera Group Inc. said Monday it had finalized the terms for a multi-million dollar bitcoin swap agreement between two U.S. institutions, but declined to name the parties involved. Such transactions are currently unregulated, Tera said. The company said it has reached out to the U.S. Commodities Futures Trading Commission in order to work on a regulated bitcoin swap. The CFTC hadn’t responded to a request for comment as of writing this post. “The goal is for us to bring this to the bitcoin community because there are many commercial entities that want to take bitcoin in but have concerns...
  • Bitcoin Price Move Below $600 Continues

    03/22/2014 12:31:38 PM PDT · by Errant · 42 replies
    Market Oracle, UK ^ | 22 March 2014 | Mike_McAra
    Cutting right to the chase: we don't think going short is a good idea yet. Just when you would think the situation with Mt. Gox couldn't get any stranger, it has. Apparently, the exchange "found" almost BTC 200,000 in one of its old wallets this month. The coins would be currently worth approximately $115 million. A statement published yesterday on the exchanges website reads: MtGox Co., Ltd. had certain old-format wallets which were used in the past and which, MtGox thought, no longer held any bitcoins. Following the application for commencement of a civil rehabilitation proceeding, these wallets were rescanned...
  • BTC-e Enables Fund Withdrawals Using MasterCard and Visa Cards

    03/21/2014 1:02:02 PM PDT · by Errant · 11 replies
    Coin Desk ^ | 21 March 2014 | Pete Rizzo
    Notoriously tight-lipped bitcoin exchange and CoinDesk Bitcoin Price Index member BTC-e is now allowing customers to withdraw funds to Visa and MasterCard debit and credit cards, with some exceptions. The company blog post, issued on 21st March, indicated that the new program is now available to customers in any country, using any currency. All customers will pay a 5% fee for the service. The new functionality is noteworthy as it will allow customers to send money to debit and credit cards issued by two of the largest and most commonly used international card issuers. At present, the transfer of funds...
  • Mt. Gox May Still Hold $118 Million (200,000 BTC) in Funds, Report Suggests

    03/20/2014 12:58:49 PM PDT · by Errant · 12 replies
    Coin Desk ^ | 20 March 2014 | Pete Rizzo
    A new report suggests that Mt. Gox, the now-bankrupt Japan-based exchange said to have lost 850,000 BTC in customer funds may actually still be in possession of 200,000 BTC ($118m at press time). The news, published by Yahoo Japan, allegedly comes from the exchange’s bankruptcy lawyer who suggests the bitcoins were found on 7th March in a wallet used by Mt. Gox prior to June 2011. The 200,000 bitcoins would equate to just over 23% of the entirety of the funds presumed lost by the company in the wake of widespread theft that is said to have occurred on the...
  • U.S. judge freezes assets of Mt. Gox bitcoin exchange boss

    03/12/2014 9:20:32 AM PDT · by Errant · 5 replies
    Reuters ^ | 11 March 2014 | Tom Hals
    A U.S. federal judge on Tuesday temporarily froze the U.S. assets of Mt. Gox chief Mark Karpeles and allowed alleged victims of the shuttered bitcoin exchange to demand evidence of what they claim is a massive fraud. The market for the digital currency was rocked last month when Mt. Gox, once the world's largest bitcoin exchange, ceased operations, and soon after filed for bankruptcy. Mt. Gox said it may have lost 750,000 bitcoins, worth hundreds of millions of dollars, in a hacking attack. The freeze on Karpeles' assets, issued by Judge Gary Feinerman in Chicago, also applies to Mt. Gox's...
  • New York Now Accepting Applications for Digital Currency Exchanges

    03/11/2014 8:14:28 PM PDT · by Errant · 10 replies
    Coin Desk ^ | 11 March 2014 | Pete Rizzo
    New York’s Superintendent of Financial Services, Benjamin M. Lawsky, has issued a public order that confirms the state is now accepting applications for digital currency exchanges. Perhaps most notably, however, was that Lawsky indicated that these businesses will be regulated under new New York regulation, which he committed to having in place by the end of the second quarter of 2014. In his remarks, Lawsky struck his usual balance of at once recognizing the promise of digital currencies and stressing that related business activities need to be conducted in a responsible and lawful manner.
  • GAO to audit Oregon’s failed ObamaCare exchange site

    03/11/2014 7:31:15 PM PDT · by SeekAndFind · 4 replies
    Hotair ^ | 03/11/2013 | Mary Katherine Ham
    The list of state ObamaCare exchange "successes" expands. Earlier today, word was the feds were looking into Maryland. Also, Oregon is in even worse shape than Maryland, despite spending $300 million. THREE HUNDRED MILLION. The state had its chance to audit and apparently just pretended to. That staggering figure and correspondingly staggering failure has even the state’s ObamaCare-supporting senators asking for an investigation: Congress’s investigative arm said Wednesday it will audit Oregon’s broken healthcare exchange site, which has yet to enroll even one person despite spending $304 million in federal funds.The U.S. Government Accountability Office said in a letter to...
  • Feds open investigation of Md. ObamaCare site

    03/10/2014 1:15:17 PM PDT · by rightwingintelligentsia · 12 replies
    The Hill ^ | March 10, 2014 | Jonathan Easley
    The Health and Human Services inspector general (IG) will launch an investigation into the failed ObamaCare exchange in Maryland, Rep. Andy Harris (R-Md.) announced Monday. “Maryland officials ignored early warning signs and chose to waste and abuse federal taxpayer money by opening up what they knew was a flawed exchange to the public,” he wrote in a statement. “I have confidence that the nonpartisan and independent HHS Inspector General will thoroughly investigate and bring to light how hundreds of millions of dollars were wasted on one of the worst exchange roll outs in the country,” he added. An official with...
  • Bitcoin exchange's collapse is probed by U.S. and Japanese regulators

    02/27/2014 5:38:34 AM PST · by Errant · 14 replies
    LA Times ^ | 26 February 2014 | Chris O'Brien
    U.S. and Japanese regulators are investigating the collapse of the world's largest exchange for trading bitcoins, the virtual currency that has grown in popularity among technophiles for buying products and services online. The separate investigations were launched Wednesday as supporters of the virtual currency insisted that the shutdown of Mt. Gox was only a temporary setback for the novel monetary system. The failure of the Tokyo exchange, which may have included the theft of almost 750,000 bitcoins worth more than $300 million, was seen by critics as derailing prospects for the virtual currency. But several high-profile bitcoin investors came forward...
  • Bitstamp to Resume Bitcoin Withdrawals Today

    02/14/2014 5:10:10 AM PST · by Errant · 7 replies
    Coin Desk ^ | February 14, 2014 | Emily Spaven
    UPDATE (14th February, 11:38 GMT): Bitcoin exchange BTC-e has confirmed it is processing bitcoin withdrawals. ——————————- Bitstamp has revealed it plans to start processing its customers’ bitcoin withdrawals again later today. The exchange halted bitcoin withdrawals earlier this week after it was discovered a bot had launched a massive DDoS attack on a number of bitcoin exchanges
  • Congressional Probe of Cover Oregon

    02/13/2014 3:16:59 PM PST · by goodnesswins · 6 replies
    Oregon Live ^ | 2/13/2014 | Nick Budnick
    Influential members of Congress have asked its investigative arm to probe the beleaguered Cover Oregon health insurance exchange, Rep. Greg Walden, R-Ore., announced Thursday in Medford. Walden joined with Oversight and Investigations Subcommittee Chairman Tim Murphy (R-Penn), Health Subcommittee Chairman Joe Pitts (R-Penn), and House Energy and Commerce Committee Chairman Fred Upton (R-Mich) to sign a Feb. 12 letter requesting an investigation to Gene Dodaro, the U.S. Comptroller General who oversees the Government Accountability Office.
  • Are State Exchanges Going Bankrupt?

    02/12/2014 7:33:55 AM PST · by IBD editorial writer · 18 replies
    Investor's Business Daily ^ | 02/11/2014 | IBD Staff
    Cost Curve: A little-noticed problem is fast emerging in states that decided to set up their own ObamaCare exchanges. Many of them face financial crises once the federal grant money runs out. After taking nearly $4 billion in federal grants to set up and run their exchanges this year, 14 states and the District of Columbia are supposed to be self-sufficient by next year. At least that's what the ObamaCare statute says (which these days doesn't mean much). But from the looks of it, many are heading into a fiscal brick wall.
  • Bitcoin drops sharply as Mt. Gox halts withdrawals

    02/07/2014 7:54:47 AM PST · by Errant · 40 replies
    Market Watch ^ | 7 February 2014 | Barbara Kollmeyer
    MADRID (MarketWatch) -- Bitcoin prices fell on Friday after exchange Mt. Gox said it was halting withdrawals temporarily. The company said an increase in flow of withdrawals requests "has hindered our efforts on a technical level. To understand the issue thoroughly, the system needs to be in a static state," said Mt. Gox officials in a note on the website Friday. To resolve the issue, it said a temporarily pause on all withdrawal requests was needed. Its tech team was working on its system, Mt. Gox added, and an update will be provided by Monday.
  • ObamaCare Dumped $1.2 Billion Into Failing State Exchanges

    01/27/2014 7:19:58 PM PST · by Innovative · 12 replies
    Investor's Business Daily ^ | Jan 27, 2014 | JOHN MERLINE,
    Minnesota isn't alone in wasting federal dollars on failing exchanges. ObamaCare exchanges built by Oregon, Maryland, Hawaii, Massachusetts and Vermont also are suffering serious-to-fatal problems. These six states — all solidly Democratic — received $1.2 billion in ObamaCare grants, according to official tallies by the Centers for Medicare and Medicaid Services. Those dysfunctional six are in addition to 35 states that initially accepted funds to build exchanges that never got built.
  • MNsure won't meet goals, report says, and revamp on table

    01/23/2014 5:03:31 AM PST · by TurboZamboni · 7 replies
    Pioneer Press ^ | 1-23-14 | Christopher Snowbeck
    While limping along in the short-run with its troubled website, MNsure must quickly pick a strategy for making long-term software fixes and get beyond the recent "crisis mode" that has dominated program management, according to a consultant's report released Wednesday. Some improvements can be made in the coming weeks, but the website can't be completely fixed by the March 31 deadline for people to obtain health insurance, according to a report from Optum, a unit of Minnetonka-based UnitedHealth Group. The company recommended doubling the call center workforce with the equivalent of 100 full-time workers, and utilizing an Optum call center...
  • Outside review finds deep flaws in MNsure website

    01/23/2014 4:49:46 AM PST · by TurboZamboni · 11 replies
    Pioneer Press/AP ^ | 1-23-14 | PATRICK CONDON
    The review identifies a number of fundamental problems with MNsure.org, including: — Lack of capacity for tying together all data entered by consumers. — The inability for users to make changes to information they entered during the open enrollment period. — Lack of access for workers to assist consumers who are shopping for insurance plans. — Multiple sets of rules governing the website operations that lead to the potential for errors as they overlap. — Inadequate testing capabilities for website functions. In addition to rampant problems with the website, the Optum review tackled the MNsure toll-free call center, which has...
  • Target will drop health insurance for its part-time employees

    01/21/2014 7:29:31 PM PST · by TurboZamboni · 44 replies
    Star Tribune ^ | 1-21-14 | JACKIE CROSBY
    Target Corp. said Tuesday that it will stop offering health insurance to its part-time employees because new online health exchanges offer workers an opportunity to buy coverage. The Minneapolis-based retailer will give each worker $500 to help buy health insurance, and has arranged for one-on-one consultations with benefits manager Towers Watson to help with the transition. The retailer announced the decision through its online site, “A Bullseye View: Behind the Scenes at Target,” in a Q&A with Jodee Kozlak, Target’s executive vice president of human resources. In the article, Kozlak acknowledged the disruption to workers. But she said the exchanges...
  • Feds: State health exchange enrollment nearly 500k (California)

    01/14/2014 12:35:03 PM PST · by Nachum · 5 replies
    uts san diego ^ | 1/14/14 | Paul Sisson
    Nearly a half million Californians enrolled in Obamacare health plans through the end of December, according to data released Monday. The U.S. Department of Health and Human Services said 498,794 Californians picked health exchange plans, which gives the state 23 percent of the nearly 2.1 million enrollments nationwide. Considering the state has about 12 percent of the nation’s population, California has been more effective than other states in enrolling residents. The state has nearly met the lower threshold of predictions that call for 500,000 to 700,000 Californians to buy policies by March 31. “There is a feeling of optimism here...
  • Director of Oregon’s Obamacare Exchange (Rodney King) Resigns

    01/03/2014 4:26:03 PM PST · by Libloather · 17 replies
    National Review ^ | 1/03/13 | Andrew Johnson
    For the second time in as many weeks, an official associated with Cover Oregon, the state’s troubled health-care exchange, has resigned. Executive director Rodney King submitted his resignation earlier this week after a month of medical leave In his letter, King explained that stepping down was “not an easy decision,” but cited the uncertainty of his health as his main reason. His resignation will go into effect in March when his medical leave ends.
  • Oregon health exchange turns up heat on Oracle over programming 'bugs'

    12/23/2013 5:27:55 PM PST · by steve86 · 29 replies
    The Oregonian ^ | Dec. 16, 2013 | Nick Budnick
    As Oracle Corp. programmers try to fix problems with its work on the state's health insurance website, Cover Oregon is bringing in outside experts to make sure the company isn't adding new bugs at the same time. The exchange's interim director, Bruce Goldberg, said Monday he's hiring people with the skills to look at programming code as it is being written to ensure "it is done correctly and we don't have to continue to go back and fix bugs in the system." Goldberg's statement turns up the heat on Oracle and provides perhaps the most direct acknowledgement yet that the...
  • Quote of the Day: WCCO’s Pat Kessler on MNsure

    12/19/2013 6:52:29 AM PST · by TurboZamboni · 15 replies
    Politics.MN ^ | 12-18-13 | Michael Brodkorb
    “I believe this is one of the most closed, obtuse, misdirecting, camouflaging agencies I have every dealt with.” Source: WCCO’s Pat Kessler, in an interview with Dan Barreiro on KFAN, December 18, 2013
  • Embattled MNsure chief abruptly resigns

    12/17/2013 6:46:48 PM PST · by TurboZamboni · 14 replies
    Pioneer Press ^ | 12-17-13 | BRIAN BAKST
    The chief of Minnesota's health insurance exchange has resigned abruptly after facing criticism over the rollout and a questionably timed vacation. April Todd-Malmlov submitted her resignation Tuesday evening during a closed session of MNsure's governing board. She had been under increasing pressure over insurance sign-up problems and failed to get a vote of confidence from Democratic Gov. Mark Dayton last week. She was a key figure in Minnesota's adaptation to the federal health overhaul since 2011. But after the Oct. 1 enrollment launch, MNsure's Website encountered technical issues and a backup call center didn't fare much better. Questions over Todd-Malmlov's...
  • MNsure tells 1,000 customers to start over; given wrong information on tax credits

    12/17/2013 4:53:16 AM PST · by TurboZamboni · 20 replies
    Pioneer Press ^ | 12-17-13 | Chris Snobeck
    The consumers initially were told they wouldn't get tax credits because of problems in the MNsure system that were first disclosed in November. The state government launched MNsure this fall to implement the federal Affordable Care Act, and officials are calling all those who require do-overs to provide instruction. The scope of the tax credit problem became clear Monday as users continued to be frustrated by the MNsure call center and website as they rushed to finalize coverage details before a Dec. 23 deadline. The website wasn't available Monday for people trying to fill out new applications. Meanwhile, officials confirmed...
  • CT Obamacare Exchange, Praised in Rose Garden, Gave Wrong Info for Every Single Individual Plan

    12/12/2013 11:25:05 PM PST · by Olog-hai · 5 replies
    PJ Media ^ | December 12, 2013 - 9:07 am | David Steinberg
    In October, Obama took to the Rose Garden to praise Connecticut’s state-run ACA exchange, Access Health CT, for being a rare success story among the nationwide failures of state exchanges and the federal exchange. Local CT media was quick to point out his speech was misleading, however. In his push to encourage the young to sign up, Obama mentioned that one-third of Connecticut enrollees were under 35, and were now receiving “a good deal at low cost.” In reality, a full two-thirds of that one-third had signed on for Medicaid or CHIP, programs which fit the description of “welfare,” not...
  • Hill staffers warned not to rely on info from ObamaCare exchange

    12/11/2013 4:07:48 PM PST · by Libloather · 9 replies
    The Hill ^ | 12/11/13 | Jonathan Easley
    Capitol Hill staffers who signed up for ObamaCare through the Washington, D.C., healthcare exchange, called DC Health Link (DCHL), are being told to confirm their enrollments in person, and not to rely on data provided by the website. The Hill obtained an email sent to staffers on Wednesday warning them, “it is essential that you confirm your coverage in DCHL through the Disbursing Office.” “Do not rely on your ‘My Account’ page or other correspondence from DCHL,” the email reads. “Please do not assume you are covered unless you have seen the confirmation letter from the Disbursing Office,” the email...
  • Federal Exchange Incorrectly Sending People to Medicaid (Pelosi knew)

    12/10/2013 2:31:17 AM PST · by Libloather · 10 replies
    Reason ^ | 12/09/13
    The federal health care exchange is incorrectly determining that some people are eligible for Medicaid when they clearly are not, leaving them with little chance to get the subsidized insurance they are entitled to as the Dec. 23 deadline for enrollment approaches.
  • MNSure Not One of the More Secure Exchanges in Nation

    12/08/2013 3:59:44 PM PST · by TurboZamboni · 4 replies
    KSTP ^ | 12-8-13 | Nick Winkler
    MNSure, the state's health care exchange, is vulnerable to a specific kind of WiFi attack. We discovered this vulnerability during a simulated attack we ran recently. MNSure denies it has a problem and blames users. 5 Eyewitness News wanted to see how MNSure compares with other state-run health care exchanges. It's why we partnered with Mark Lanterman at Computer Forensic Services to test at least a dozen other exchange sites. More than 41% of the sites tested passed, meaning they are not vulnerable to the type of WiFi attack we simulated. Like MNSure, more than 58% failed the test
  • California health exchange shares data without permission

    12/07/2013 6:09:05 PM PST · by Libloather · 31 replies
    Fox News ^ | 12/07/13
    LOS ANGELES – The California health exchange says it's been giving the names of tens of thousands of consumers to insurance agents without their permission or knowledge in an effort to hit deadlines for coverage. The consumers in question had gone online to research insurance options but didn't ask to be contacted, the Los Angeles Times reported Saturday. Officials with Covered California, the exchange set up in response to the federal health law, said they began providing names, addresses, phone numbers and email addresses if available this week in a pilot program. They said they thought it would help people...
  • Insurers warn MNsure: Coverage delays possible

    12/07/2013 11:58:15 AM PST · by TurboZamboni · 8 replies
    Pioneer Press ^ | 12-6-13 | Chrissy Snowbeck
    Minnesota health insurers say they still aren't getting complete information about enrollees in MNsure, the state's health insurance exchange, and the delays could prevent people from having coverage Jan. 1. Data being sent to the health plans contain inaccuracies, omissions and in some cases conflicting information about which policy an enrollee is selecting, according to a letter sent to state officials Friday by Julie Brunner, executive director of the Minnesota Council of Health Plans, a trade group. Insurers also say time is growing short to manually fix the problems -- particularly with an expected surge
  • Obama to sign up on health exchange (Which SSAN will Hussein use?)

    12/02/2013 4:35:18 PM PST · by Libloather · 13 replies
    The Hill ^ | 12/02/13 | Ian Swanson
    White House press secretary Jay Carney sidestepped questions Monday about whether the president has signed up for health insurance under ObamaCare. “I know that he will and has said that he will, the White House has said that he will, but I don't have an update,” White House press secretary Jay Carney told reporters on Monday. Asked what the president was waiting for — and whether his attempt to enroll in the exchange would be open to members of the press — Carney laughed. “I'll get back to you,” he said. In 2010, White House spokesman Reid Cherlin pledged the...
  • Hawaii’s Health Exchange Is the Nation’s Worst: Only 257 Enrolled So Far...

    12/02/2013 6:57:37 AM PST · by SeekAndFind · 10 replies
    National Review ^ | 12/02/2013 | Jillian Kay Melchor
    Look to the states, say Obamacare proponents desperate for success stories. A state they won’t be looking to is Hawaii, where the rollout of the health-care law has been an epic fiasco. We’ve been told over the past few weeks that states invested in Obamacare have been able to make it work. On November 12, for instance, the Washington Post noted relatively high enrollment (which means in the tens of thousands) in New York, Washington, Colorado, and Kentucky, adding that “all are among the states that embraced Obamacare and crafted their own exchanges rather than rely on the federal site,...
  • 78% Fear ObamaCare Site Security, Could Deter Signups

    11/29/2013 5:13:29 AM PST · by IBD editorial writer · 13 replies
    Investor's Business Daily ^ | 11/29/2013 | John Merline
    In what could be the biggest handicap to getting people to sign up for ObamaCare, the public is overwhelmingly concerned about the security of the information compiled by the ObamaCare exchange. The latest IBD/TIPP poll finds that fully 78% say Americans should be concerned about the security features of the ObamaCare exchange website, and 53% say they should be "very concerned." This view was shared across parties, with 69% of Democrats saying security concerns are warranted. More worrisome for the success of the law, 82% of young people between ages 18 and 24 say concern is justified. These are among...
  • Obamacare Web site mocked by, yes, insurance company

    11/20/2013 8:35:30 PM PST · by 2ndDivisionVet · 6 replies
    CNet ^ | November 20, 2013 | Chris Matyszczyk
    Wellmark Blue Cross Blue Shield decides to launch three ads that tell people to avoid the Healthcare.gov Web site, because its own site works so much better. A couple of days ago, I received two letters from my health insurance company. One welcomed me to its autopay system -- which was a touch odd, given that I had been in its autopay system for many years. The second told me that I was about to have my health insurance cut off, as I hadn't paid my monthly bill. Please forgive me, then, if I'm not bathed in admiration for the...
  • Five Ways to Get Health Insurance Without Exchanges

    11/13/2013 3:38:27 PM PST · by TurboZamboni · 9 replies
    CBS Sacramento ^ | 11-8-13 | Gillian Burdett
    If you are not reassured by promises of a user-friendly, secure exchange though, you do have other options when searching for health insurance.
  • Does Obama-Care Guarantee Full Refunds If Members Cannot Find Treatment In Dire Situations?

    11/10/2013 9:51:28 AM PST · by Cruz_West_Paul2016 · 17 replies
    Being doctor shortages are never brought up in the MSM, and never asked of Jay Carney&Obama, maybe it's about time someone in the press ask our far left liberal leaders questions regarding the doctor shortage we already have in the country. Someone needs to ask either Jay Carney/Harry Reid/Nancy Pelosi this question: "How Many Americans Need To Die Waiting For Treatment Because of the Consequences Attributed By The Affordable Health Care Act Before We Repeal It"? And will members receive a full refund if they cannot get access to health-care?
  • Survey: Most Uninsured Americans Aren’t Flocking to (wealth) Exchanges

    11/10/2013 5:44:02 AM PST · by Libloather · 29 replies
    Wall St Cheat Sheet ^ | 11/09/13 | Meghan Foley
    **SNIP** To function as intended, the marketplaces need a broad, healthy risk pool to keep staggering rate increases from occurring. The premiums of healthy, cheap-to-insure people cover the big bills for the relatively small number of sick people. So if the exchanges do not “enroll enough young, healthy people, insurers will have to raise everyone’s premiums,” wrote the New Republic’s Jonathan Cohn in May. “In the worst case, this could create what actuaries call a ‘death spiral’: Rising premiums prompt people to drop out, causing premiums to increase even more.” Because the reform was aimed at bringing coverage to most...
  • MNsure's low premiums mean many Minnesotans won't qualify for tax credits

    11/07/2013 9:33:16 AM PST · by TurboZamboni · 29 replies
    Pioneer Press ^ | 11-7-13 | Chrissy Snowbeck
    Health insurance premiums for 2014 are so low in many parts of Minnesota that some consumers aren't qualifying for tax credits through the state's new health insurance exchange. Access to tax credits has been widely cited as a key reason for shopping on MNsure -- the new government-run health insurance website -- so some consumers have been confused by the vanishing subsidies, April Todd-Malmlov, the MNsure executive director, said during a board meeting Wednesday in St. Paul. Paraphrasing a common question asked at MNsure's call center, Todd-Malmlov said: "I think there's something wrong with the system -- I'm supposed to...