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Obamacare Website Often Lists Wrong Coverage Prices

HealthCare.gov is dramatically underestimating costs for consumers

October 23, 2013

CBS News reports:

CBS News has uncovered a serious pricing problem with HealthCare.gov. It stems from the Obama administration's efforts to improve its health care website. A new online feature can dramatically underestimate the cost of insurance.

The administration announced it would provide a new "shop and browse" feature Sunday, but it's not giving consumers the real picture. In some cases, people could end up paying double of what they see on the website, CBS News' Jan Crawford reported on "CBS This Morning" Wednesday.

Industry analysts, such as Jonathan Wu, point to how the website lumps people only into two broad categories: "49 or under" and "50 or older." Wu said it's "incredibly misleading for people that are trying to get a sense of what they're paying." Prices for everyone in the 49-or-under group are based on what a 27-year-old would pay. In the 50-or-older group, prices are based on what a 50-year-old would pay.