They can not process payments so this will collapse its got too . - TopicsExpress



          

They can not process payments so this will collapse its got too . Our govt is beyond absurd they are actually very incompetent.. Much emphasis has been placed on enrollment stats as the Affordable Care Act’s inaugural open enrollment period comes to an end. But there’s a key function on the federal exchange that remains inactive: the mechanism to reconcile payments between the government and insurance companies. This “back-end mechanism” has been missing for the entirety of open enrollment period, which launched Oct.1, meaning insurance companies have had to manually bill the government for subsidies and cost-sharing plans, a procedure that’s being dubbed an administrative nightmare. SO this is probably the real reason for the delay .. They knew this in Oct and yet still played cat and mouse with the folks ...
Posted on: Wed, 26 Mar 2014 10:09:23 +0000

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