Insurers Could Go Bankrupt if HealthCare.gov Not Finished by March

HealthCare.gov must be fully functional by mid-March to avoid potential bankruptcy for health insurers, according to a procurement document filed by federal officials.

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Federal officials filed the document to explain why there wasn’t time to go through a full and open competition process to select a new head contractor to oversee the website for the Patient Protection and Affordable Care Act federal health insurance exchange. Earlier this month, CMS selected consulting firm Accenture to replace the original head contractor, IT company CGI Federal, following the federal exchange site’s glitch-ridden rollout.

Read the full article on Becker’s Hospital Review.

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