Friday, February 07, 2014

$5 BILLION?!!!!!!!!!!!--------Billions Wasted on Unreliable Obamacare Exchanges

Billions Wasted on Unreliable Obamacare Exchanges:
"The federal taxpayers have spent over $5 billion to build Obamacare’s exchanges. 
Unfortunately for taxpayers, these investments have not delivered a good return and are ongoing.
Despite the muddled launch of many exchanges, the federal government is still doling out grant money, giving out over $200 million to nine states last month.
Fourteen states and the District of Columbia are running their own Obamacare exchanges and they all received federal grant money to help build them—a total of over $4 billion. California alone received $1 billion to set up its exchange.
Many state-based exchanges have struggled with similar website problems as the federal healthcare.gov site, and some are still barely operational despite being four months into the open enrollment period.
Consider Maryland and Oregon:
The Maryland exchange, called the Maryland Health Benefit Exchange, has received $171 million in federal grant money but its exchange still isn’t functioning properly, causing enrollment difficulty and the site even listed an incorrect phone number to call for assistance"

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