New KY budget plan will benefit state workers
April 9, 2014
Consider Self‐Funding as an ACA strategy
April 15, 2014
Show all

MD’s failed insurance exchange will be reconstructed

Maryland is one of the states that faced numerous technical difficulties with its health insurance exchange website’s roll out. However, The Washington Post reported Gov. Martin O’Malley recently said the state has decided to completely replace its insurance marketplace by November.

The new site is expected to cost between $40 million to $50 million, in addition to hardware and software licensing costs. Maryland has already invested more than $125.5 million in its exchange, a marketplace spokeswoman said according to the Post. While most of this money came from the federal government, it is yet to be decided if the cost of the new site will be covered by the federal government as well.

According to the news source, auditors of state’s health insurance marketplace website recently had troubles reviewing the site as documents regarding contract procurements had be edited or were lacking. Therefore, the audit was limited and is unable to give a good picture of what happened with the site. However, the Post reported Maryland officials could salvage $8 million worth of technology from the existing site to help with the new one.

Share this:
Erin Woulfe
Erin Woulfe
Erin Woulfe likes to write about things that matter. Keeping her finger on the pulse of what’s happening in the public sector world, she blogs about the latest legislative news and employee benefit trends that affect our school, city and county clients. She’s been with NIS since 2002. “I love connecting to our clients and providing them with the tools they need in order to administrate their plan,” says Erin. “Whether that be materials to educate their employees on certain benefits, how to effectively communicate change within an organization or just providing tips and how-to’s to help them make their job easier.”

Leave a Reply

Your email address will not be published.