Politico tallies the rising costs for “four failed
Obamacare exchanges,” reporting:
Nearly half a billion dollars in federal money has been
spent developing four state Obamacare exchanges that are now in shambles — and
the final price tag for salvaging them may go sharply higher.
Each of the states — Massachusetts, Oregon, Nevada and
Maryland — embraced Obamacare, and each underperformed. All have come under
scathing criticism and now face months of uncertainty as they rush to rebuild
their systems or transition to the federal exchange.
The federal government is caught between writing still
more exorbitant checks to give them a second chance at creating viable
exchanges of their own or, for a lesser although not inexpensive sum, adding
still more states to HealthCare.gov. . .The $474 million spent by these four
states includes the cost that officials have publicly detailed to date. It
climbs further if states like Minnesota and Hawaii, which have suffered
similarly dysfunctional exchanges, are added.
CNS News and KMOV TV describe how
Obamacare is hiring hundreds (or perhaps thousands) of employees to do nothing
for weeks on end in largely-useless application-processing centers (such as
processing virtually non-existent types of paper applications)....To Read More.....
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