Posts Tagged ‘Affordable Care Act’

Online Health Care Exchange Website Needs 5 Million Lines Of Code Rewritten, Close Enough For Government Work

October 21, 2013

Obamacare’s online exchanges have been riddled with problems since they came online three weeks ago, and those issues may continue for at least the next few weeks. Contractors said fixing the problems by the November 1 deadline set by the administration would be “unrealistic,” according to the New York Times.

From the sluggish websites to garbled enrollment information, the flaws require the extensive rewriting of code: “One specialist said that as many as five million lines of software code may need to be rewritten before the Web site runs properly,” the Times reports — that’s out of a total of approximately 500 million lines of code, according to another expert. Others experts warned that some of the website’s problem are yet to come. One technical specialist involved in the repair effort said, “The account creation and registration problems are masking the problems that will happen later.”

Online exchange needs 5 million lines out of 500 million lines of code rewritten. Thats close enough for government work.



Eye View Money Talk News, A Brand New TurboTax

October 4, 2013

It may seem like a clever idea to save yourself cash by not purchasing health insurance, but with Obamacare kicking in, you’ll have penalties to pay, which could cost you big bucks in the long run. Not only are you playing financial Russian roulette – you could be forking out tens of thousands or hundreds of thousands of dollars if you’re injured in an accident or become seriously ill – you’ll also have to pay a penalty to the federal government for flouting the law, costing you hundreds or thousands of dollars more. A wiser decision if you’re uninsured is to start shopping on your state health exchange, which opened Tuesday — with glitches – as a key part of health care reform. If you skip the insurance, you’ll pay a penalty. For 2014 the fine is $95 for an individual or 1 percent of your income, whichever is greater, along with $47.50 per uninsured child, maxing out at $285 for the year. But by 2016, an individual would pay $695 or 2.5 percent of your income.The TurboTax website has a calculator to help you determine how high a penalty you’d pay.

The Affordable Care Act, a brand new turbotax.