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CBS said actually cost levels are often much higher than what is shown on the shop and browse feature, sometimes as much as double what's shown.
Quote:
It stems from the Obama administration's efforts to improve its health care website. A new online feature can dramatically underestimate the cost of insurance.
In some cases, people could end up paying double of what they see on the website . .
Wu said it's "incredibly misleading for people that are trying to get a sense of what they're paying."
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.
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.
The legend of the fall of the city Troy is being re-enacted by the obamacare trojan horse in which hides the material to construct the substructure of a socialist society.
The real cost of insuring any pool or exchange is only a actuary estimate when first started. The actual cost in payouts plus 20% for insurers managing the exchange will be known in a year and can vary by cost from then on.That is the way it always is with a risk pool.
The estimates given on healthcare.gov are lower that the quotes given by the actual carrier[blue cross blue shield].
What's your beef with 'obamacare' ? It was just fine for 3 years, now it's bad ? Even Obama is urging his supporters to join 'Team Obamacare,' helping people to enroll.
What's your beef with 'obamacare' ? It was just fine for 3 years, now it's bad ? Even Obama is urging his supporters to join 'Team Obamacare,' helping people to enroll.
It is being used, mostly by poeple on the right to encompass everything health care. It maybe better when having a discussion to use the actual name of the provision, law, agency, or website being discussed instead of amalgamating all in to one entity... "obamacare".
The estimates given on healthcare.gov are lower that the quotes given by the actual carrier[blue cross blue shield].
In this context, an "estimate" is something that should be highly regarded as accurate. Right? Wouldn't you want the "estimate" to reflect reality if you were counting pennies?
I said this on another thread several days ago. Rates are so personally tailored to income and age that any estimate is little better than a shot in the dark. They are pretty up front in telling you this on the exchange, though, so I don't see what all the fuss is about. The real criticism of the .gov site in this regard is that they have no simple estimator based on age and income. They make you go through the rather detailed process of identity verification before they let you see the prices. That just flies in the face of consumer behavior patterns. Dumb, dumb, dumb.
In this context, an "estimate" is something that should be highly regarded as accurate. Right? Wouldn't you want the "estimate" to reflect reality if you were counting pennies?
There is no way a website can give an accurate estimate to premium costs of all the carriers providing coverage? What would you think is the difference is between the high versus lowest premuim cost offered by all the insurance carriers providing coverage?
do you believe High vs. Low would be 10$ apart? 100$ apart? 500$ apart? more?
Each carrier offers mulitiple options to every one insurance seeker. So how can a website "accurately" estimate all the options of all carriers you quailfy for?
There is no way a website can give an accurate estimate to premium costs of all the carriers providing coverage? What would you think is the difference is between the high versus lowest premuim cost offered by all the insurance carriers providing coverage?
do you believe High vs. Low would be 10$ apart? 100$ apart? 500$ apart? more?
Each carrier offers mulitiple options to every one insurance seeker. So how can a website "accurately" estimate all the options of all carriers you quailfy for?
So it would seem that you advocate signing up for something where you know the cost quoted is false and likely to be much different.
I'd like to sell you a bridge for an estimated $10, but the price may change later....
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