It's been a little more than five weeks since the live
launch of Obamacare's health insurance exchanges, and, speaking for the
majority of folks who've attempted to navigate the glitch-filled federal
website, it's been a nightmare.
UnitedHealth Group (NYSE: UNH ) subsidiary Optum, which owns Quality
Software Services, or QSSI, is also receiving its share of blame. The company
was an intermediary party whose software was used to verify that health care
plans met the stringent requirements of the Patient Protection and Affordable
Care Act. Optum Group Executive Vice President Andrew Slavitt testified that
its Data Services Hub was functioning properly upon launch of Healthcare.gov,
but encountered issues because it had to interface with connections from
multiple other contractors. UnitedHealth Group is large enough that it won't
see much of a share price bump in either direction from QSSI's involvement. Read more.
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