More Shocking News – Obamacare Exchanges Falling Behind Schedule

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Well here’s some not-so-shocking news. The Obamacare exchanges are falling behind schedule. Is there anyone out there who thought this multi-thousand page law would go well? If so, I’ve got something to sell you.

Government officials have missed several deadlines in setting up new health-insurance exchanges for small businesses and consumers—a key part of the federal health overhaul—and there is a risk they won’t be ready to open on time in October, Congress’s watchdog arm said.

The Government Accountability Office said federal and state health officials still have major work to complete, offering its most cautious comments to date about theObama administration’s ability to bring the centerpiece of its signature law to fruition.

“Whether [the government’s] contingency planning will assure the timely and smooth implementation of the exchanges by October 2013 cannot yet be determined,” said the GAO in twin reports to be released Wednesday.

The 2010 Affordable Care Act created two exchanges, seeking to provide coverage for many Americans who now go without health insurance. President Barack Obama has said the exchanges will be ready on schedule in October, offering coverage to take effect Jan. 1, 2014, but he has cautioned that “glitches and bumps” are likely.

Yeah, get ready for those “glitches and bumps.” Fasten up, it’s going to be a wild ride.