Thursday, October 10, 2013

Val Day cut-off vs Exchange SNAFU [UPDATED & BUMPED]

In theory, one has until the end of next March to sign up for coverage, or face a penalty fine tax for being uninsured.

In theory.

The reality is that, according to Ms Shecantbeserious, that may well be a day (or rather, 6 weeks) late and (more than a) dollar short:

"... health insurance coverage typically starts on the first day of a given month, and it takes up to 15 days to process applications ... to successfully accomplish that you have to send in your application by the middle of February."

My first question, of course, is why it would take a month-and-a-half to "process" an application, seeing as how a) everything's now Guaranteed Issue (no underwriting) and b) that shiny new Data Hub is supposed to coordinate all the various agencies (plus pinging your credit report) fast and effortless.

Here's the bigger issue, though: we're 10 days into the Exchange train-wreck, with no end in sight. Does that mean that The Fair Kathleen and her minions will extend the deadline out to February 24th?

Fat. Chance.

UPDATE: And good luck signing up in time:




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