Cartoon via Conservative Daily News
CBS News has a story today revealing yet another very serious problem with healthcare.gov that goes beyond ‘glitches’ and ‘kinks.’
There is a pricing issue. The shop and browse feature on the website gives dramatically misleading information. It’s incredibly so according to CBS News.
The online feature estimates insurance prices but dramatically lowers the actual price of insurance. What people see on the website is coming in double in many cases once they get their actual bill. The young are getting killed.
From CBS News:
…Prices for everyone in the 49-or-under group are based on what a 27-year-old would pay. In the 50-or-older group, prices are based on what a 50-year-old would pay.
CBS News ran the numbers for a 48-year-old in Charlotte, N.C., ineligible for subsidies. According to HealthCare.gov, she would pay $231 a month, but the actual plan on Blue Cross and Blue Shield of North Carolina’s website costs $360, more than 50 percent higher. The difference: Blue Cross and Blue Shield requests your birthday before providing more accurate estimates.
The numbers for older Americans are even more striking. A 62-year-old in Charlotte looking for the same basic plan would get a price estimate on the government website of $394. The actual price is $634…
The investigation by CBS exposes the fact that the site indicates prices can be lower but makes no mention of the fact that they can be dramatically higher.
The site estimates are useless, misleading, untrustworthy, unreliable, and should not be used.
Consumer Reports just came out with a statement that consumers should ‘stay away’ from the site for at least a month.
As an aside, the startup health insurance companies on the exchanges are starting to go broke. They were given taxpayer money to compete with the big insurers. They don’t have enough money to continue without people signing up and people aren’t signing up. Some small companies have already folded.
The Administration isn’t concerned because their ultimate goal is Single Payer, the Socialist Healthcare system.