Analysis and commentary on economic news, trends and issues, with an emphasis on Seattle and the Northwest.
Topic: HealthCare.gov glitch
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October 25, 2013 at 10:41 AM
The mess of HealthCare.gov, the $400 million portal for citizens to sign up for coverage under the Affordable Care Act, has many parents. Some two dozen private contractors were involved, especially CGI Federal, which has a checkered history in its work for the federal and state governments.
The government itself bungled the rollout, including the administration issuing rules late out of fear of giving Republicans ammunition against the program. The GOP-controlled House blocked funds. Now the White House says things should be running smoothly by late November.
To be sure, this is the “market-based” program originally cooked up by the conservative Heritage Foundation — which now disowns it — and was implemented on a state level by the GOP’s last presidential candidate. It is a windfall for the private insurance industry and would insure millions who are now without coverage.
Medicare works quite well and with much lower administrative costs than the private insurers. And some state exchanges are doing well. Perhaps most importantly, demand for Obamacare appears high.
Read on for some of the best business and economic stories of the week…and the haiku: