MD health exchange may be more expensive than reported

By Charlie Hayward | Maryland Reporter

The problems at the Maryland Health Benefits Exchange 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.

at Maryland Reporter.

Read more: http://marylandreporter.com/2014/02/18/analysis-health-exchange-problems-could-be-more-serious-and-expensive-than-reported/#ixzz2tgQf5b24
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Rob Port is the editor of SayAnythingBlog.com, a columnist for the Forum News Service, and host of the Plain Talk Podcast which you can subscribe to by clicking here.

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