Tuesday, November 19, 2013

The blind leading the blind: Obamacare Deadlines Shortened By Lack of Payment Options

 

When the Obama administration launched the Healthcare.gov website on October 1, the president and his officials focused on the coverage that would now be available to the uninsured as of January 1, 2014.  However, with the recent flood of cancellations of those who were told they could "keep their plan," millions more will need new insurance in place by the beginning of the new year.  The well publicized "glitches" have slowed enrollment considerably, and now there is new evidence that consumers will find themselves with even less time to secure coverage than originally thought.

An editorial in last week’s USA Today repeats the common belief about the deadline: "The deadline for signing up for insurance that begins Jan. 1 is Dec. 15."  However, "signing up" for insurance is not enough.  As the Healthcare.gov website states [emphasis added]:
If you enroll in a private health insurance plan any time between October 1, 2013 and December 15, 2013 and make your first premium payment, your new health coverage starts January 1, 2014.

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