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Wednesday, February 19, 2014

Analysis: Health Exchange Problems Could Be More Serious And Expensive Than Reported

The problems at the Maryland Health Benefits Exchange (MHBE) are likely more serious and more expensive to fix than has already been reported, according to an assessment of project documentation by MarylandReporter.com.

Cost overruns and higher costs in future years could easily run to over $100 million, and big decisions loom regarding who will pay and what will happen to the glitch-ridden website.

In addition, the exchange will continue to need regular bailouts to break even until at least 2018, despite collecting a new tax on insurance firms that was supposed to pay for operations.

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2 comments:

Anonymous said...

I'm shocked.....NOT

Anonymous said...

And just WHO will pay for this mess?

You and me, that's who!

Go ahead, sheeple, keep voting these idiots in. When you can't afford to buy food any more, you'll understand what the rest of us have been saying. But you were too hoity-toity and living high on the hog in your own little worlds.