October 23, 2013
The Long Con, or the Administration's approach to marketing Obamacare...
CBS News has uncovered major faults in one of the "new, improved" features of Healthcare.gov. The Administration was concerned that allowing consumers to look at insurance prices before they provided the personal information needed to estimate potential subsidies would be a PR disaster. So they built the kludge that is the front end of Obamacare in 37 states. In an attempt to undo this massive error, they have added the ability to "shop" insurance quotes directly. Unfortunately, the estimates they provide are materially misleading.
"Industry executives CBS News spoke with could not believe the government is providing these estimates, which they said were useless and could easily mislead consumers. They also said that the website repeatedly states the actual prices could be lower, but it makes no mention that they could be higher."
If a private company sold products this way they would at a minimum be sued and quite possibly go to jail.
October 23, 2013 at 09:14 PM | Permalink
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