Nightmare is right. I am an IT Project Manager for one of the largest Health Insurance companies in the U.S. As of today, our estimates to implement the ObamaCare mandates stand at $250 million. That’s up from $240m last week, by the way.
Time to code, time to perform multiple iterations of testing to make sure there are no bugs which will leave us vulnerable to substantial fines? Please. HHS hasn’t solidified all the rules that have to feed into my programming yet, and I have to be ready to enroll and process new members by 10/1 and new claims by 1/1/14.
It pretty much makes me sick to walk into work these days.
Any idea on how much of that goes to lawyer fees?