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Exchanges Open For Business? Outlook Not So Good

September 20, 2013

“We will be open for business October 1.”

Health and Human Services Secretary Kathleen Sebelius in testimony before the House Ways and Means Committee, April 12, 2013.

“Less than two weeks before the launch of insurance marketplaces created by the federal health overhaul, the government’s software can’t reliably determine how much people need to pay for coverage, according to insurance executives and people familiar with the program. Government officials and insurers were scrambling to iron out the pricing quirks quickly, according to the people, to avoid alienating the initial wave of consumers.”

Wall Street Journal, “Pricing Glitch Afflicts Rollout of Online Health Exchanges,” September 20, 2013 – 10 days before the federal exchanges are scheduled to open.