At the Allegiance Bank Texas ACA seminar, I was asked to take out my "crystal ball" and predict what might be coming down the line for the ACA. I answered that my track record on predicting the ACA is pretty poor. Of course, that did not stop me from making some vague comments about what might change with the ACA.
Today's WSJ has a great op-ed about the slow-motion disaster that is the health exchange website:
HHS still refuses to disclose how much taxpayers shelled out for this exchange lemon. The money came from several ObamaCare, general HHS and Medicare accounts and flowed to more than 50 outside vendors, with several no-bid contracts awarded outside the normal procurement process.
Part 1 of my series made reference to a virtual DMV for health insurance. I have to retract that statement and apologize to the DMV. I have tried to log on and review quotes on a individual basis 7 times in the last two weeks. I have not been able to make it past the password creation screen.
The wait is over. The community-rated premiums are coming in ahead of the exchange opening October 1st. Health & Human Services has released a triumphant press release announcing:
No one will escape the reach of the Affordable Care Act. Every business regardless of size will see some impact. It may be small or quite large depending on your company's unique circumstances. What is your plan? Do you have one? Regardless of your answer, Tuesday, October 15th will give you one last opportunity to make sure you are putting your business in the best possible shape to handle the impact of the Affordable Care Act.