Dive Brief:
- Errors in premium subsidies by Oregon's health insurance exchange could mean more than 12,000 people will owe a total of $1.12 million in taxes.
- Cover Oregon, the state health insurance exchange, used an incorrect formula to award the tax credits to the policyholders.
- The troubled exchange will be replaced by the federal health insurance exchange Nov. 15.
Dive Insight:
The taxes won't amount to much for most policyholders—The Oregonian reports most will owe no more than $10 per month that they held a policy—but that figure is not set in stone. It's just the latest in a series of problems with Cover Oregon, which has faced no shortage of awful headlines for troubles with everything from simple insurance signups to massive security breaches.
The changeover to the federal exchange will have its own challenges—namely, everyone who got private coverage through Cover Oregon will have to sign up again through the federal exchange between Nov. 15 and Dec. 15 if they want uninterrupted coverage next year.