Another Delay for Obamacare Announced


The Obama administration has announced another delay in implementing the Affordable Care Act, according to a story by Reuters.

The White House will delay signing final agreements with insurance companies over the plans to be sold on federal health insurance exchanges starting October 1.

According to the story, the U.S. Department of Health and Human Services (HHS) told insurance companies Tuesday that the federal government would not sign final agreements on the plans the first week of September, but will, instead, wait for at least a week or two.

As for the cause of the day, HHS did not have an answer. Sources say that technology problems involving the display of insurance products within the federal information technology system was the problem, the story said.

The plan is still set to go into place on Oct. 1, though some doubt whether state-level plans will be ready then.

The delay affects insurance plans that would be sold in federal exchanges in 34 of the 50 U.S. states. The remaining 16 states are setting up their own marketplaces. Alabama will work within a partnership with the federal government in a federally-facilitated marketplace.

Other delays in implementing the program were announced this summer. One gave employers a year to provided employees health insurance before having to pay a penalty. Another part of the plan that would cap expenses such as co-pays and deductibles was also delayed for a year.

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