Wednesday, 30 July 2014

Federal Obamacare market still faces cost overruns, delays: watchdog

By David Morgan WASHINGTON (Reuters) - Ten months after the botched rollout of HealthCare.gov, Obamacare's federal health insurance exchange is still dogged by cost overruns and technology delays that could hamper enrollment when it resumes in November, a U.S. watchdog said. The total cost of HealthCare.gov and its supporting systems hit $840 million in March, according to a forthcoming report by the nonpartisan Government Accountability Office (GAO). Part of the cost stems from the federal government's work with Accenture Plc, the lead contractor for the HealthCare.gov website. Multiple failures caused HealthCare.gov to crash during its Oct. 1 debut, hampering early enrollment for benefits under President Barack Obama's healthcare law and prompting a congressional investigation. via Health News Headlines - Yahoo News Read More Here..

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