Thursday, August 28, 2014

ObamaCare Exchange Defaulting On Debts

As predicted, ObamaCare is about to implode, but don't hold your breath waiting for the Lamestream Media to report it...




(Daily Caller) Nevada’s ObamaCare exchange isn’t paying insurance brokers commissions for plans they sold on through the health-care website, according to a class action lawsuit.

Six Nevada insurance brokers have filed the lawsuit in a Nevada district court, seeking damages from the Silver State Health Insurance Exchange and its (now former) contractor Xerox, the Las Vegas Review-Journal reports.

The filing claims that the exchange and Xerox “caused unnecessary delays in the payments of commissions to brokers and agents” and didn’t provide necessary broker information to insurance companies.

"Brokers are very reliant on their source of income every 30 days," said attorney Matt Callister, who is representing the six brokers. "It’s a whole secondary crisis here. Some of these people are going to be bankrupt."

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Posted By: Chris Carmouche