The health-insurance exchanges under the Affordable Care Act opened at the beginning of October and attracted strong interest. But there were also technical glitches that plagued the launch. Now, Congress wants to know what happened and who's responsible.
In the following video with Dan Caplinger, the Fool's director of investment planning and author of the special free report "Everything You Need to Know About Obamacare," Motley Fool health-care bureau chief Max Macaluso discusses the latest on the technical problems that marred Obamacare's launch. Dan and Max discuss the implications for CGI Group (NYSE:GIB) and privately held Quality Software Services, both of which provided services for the federal exchange that residents in many states relied on for Obamacare information. Of particular concern was the fact that other state exchanges did reasonably well. Xerox (NYSE:XRX) had few problems with the Nevada exchange it helped set up, while Maximus (NYSE:MMS) also had substantial success with the Minnesota exchanges.
Dan and Max also talk about the companies helping out behind the scenes -- tech consulting giants IBM (NYSE:IBM) and Accenture (NYSE:ACN) play key roles in implementing the exchanges. Dan concludes that after the glitches work out, CGI could well benefit from the experience, especially if early demand for Obamacare information holds up.
Neither Fool contributor Dan Caplinger nor Max Macaluso, Ph.D., has any position in any of the stocks mentioned. The Motley Fool recommends Accenture and owns shares of IBM. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.