Obamacare Exchange and Your Privacy

Do you plan on buying health insurance through the Obamacare Exchange? Worried about your privacy? Well . . .

Equifax Workforce Solutions, a unit of Equifax Inc., will provide information that is more current than what is available on federal income tax returns.

NY Times   Obamacare exchange and your privacy

And you thought the government having access to your cell phone records were your only worry. Isn’t the Obamacare Exchange a wonderful idea?

Subsidies, in the form of tax credits, will be available to millions of low- and moderate-income people who are not eligible for Medicaid and have not been offered affordable coverage by employers.

Subsidies are a Robin Hood type of income redistribution plot designed to punish hard working successful people.

Contract documents show that Equifax must provide income information “in real time,” usually within a second of receiving a query from the federal government. Equifax says much of its information comes from data that is provided by employers and updated each payroll period.

Makes you wonder how many people will have access to your private information, doesn’t it?

But what happens if your income information is not available on Equifax?

That 45 minute estimate for completing the financial colonoscopy to see if you qualify for a subsidy through the Obamacare Exchange might take a little longer.

Anesthesia not provided.

Equifax is also supposed to find a way to provide information about whether people have employer-sponsored coverage and how much they pay for it.

The Truman Show comes to mind.

Serco, will help officials sift applications for health insurance and tax credits under the health care law.

The American unit of the Serco Group won a contract worth as much as $1.2 billion on June 27 to provide “eligibility support services” to health insurance exchanges around the country.

American unit?

Who is Serco and what do they have to do with the Obamacare Exchange?

On July 11, the British government announced that it was reviewing all contracts with Serco, one of its biggest and most important suppliers, after auditors found that the company had overcharged taxpayers for the electronic monitoring of prisoners who had been released. The justice secretary, Chris Grayling, told Parliament that the overcharging had begun at least eight years ago.

What? Me worry?