Shares of health insurers fell Friday after a newspaper report said that technology glitches at the new federal health-insurance exchanges are even worse than first thought.

Technology glitches have frustrated consumers since the exchanges launched in early October, as part of the nation's health care overhaul. People have had trouble trying to sign up for coverage online, and efforts to upgrade and repair the websites are ongoing.

The Wall Street Journal said in Friday's editions that the companies are having trouble processing applications for people who have tried to sign up. The newspaper said that among the errors reported by insurers include duplicate enrollments, spouses reported as children and missing data fields.

Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.

  • Critical BenefitsPRO information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.