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Stock impact report

Consumers who froze credit reports could hit hurdles with Obamacare [CNN]

Equifax, Inc. (EFX) 
Last equifax, inc. earnings: 4/20 05:24 pm Check Earnings Report
US:NYSE Investor Relations: investor.equifax.com
Company Research Source: CNN
Consumers who froze credit reports could hit hurdles with Obamacare Some Americans who froze their credit reports following the big data breach this year at the credit-rating firm Equifax may be in for a surprise if they try to purchase insurance on the Affordable Care Act's marketplaces. That freeze could trigger a delay in the application process. Signing up for a marketplace plan online requires consumers -- especially first-time enrollees -- to prove their identity by answering questions linked to their credit history. It can affect both those who are seeking a subsidy and those who are not. But here's the rub: Consumers who have blocked access to their credit reports often "cannot get past the ID proofing part," said Matthew Byrne, founder of the Spiralight Group, a brokerage in Dublin, Ohio. That presents problems as the clock is ticking on open enrollment season for the Affordable Care Act's health coverage, which ends Friday in most states. "Your identity wasn't verified," war Show less Read more
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