U.S. official says Obamacare subsidies function due mid-January

WASHINGTON (Reuters) - The Obama administration said on Tuesday that the computer function needed to provide consumer subsidies to private health insurers in the federal Obamacare healthcare marketplace will be available by mid-January.

In a teleconference with reporters, an administration official also said fixes to the troubled website HealthCare.gov have eliminated two-thirds of the hi-tech bugs that had marred information transfers to insurers and blocked insurance plans from enrolling consumers through company websites.

(Reporting by David Morgan; Editing by Sandra Maler)