Wednesday, May 13, 2015

The Obamacare pain never ends----Hawaii’s $205 Million Obamacare Exchange Implodes

Hawaii’s $205 Million Obamacare Exchange Implodes | Americans for Tax Reform:
"Despite over $205 million in federal taxpayer funding, Hawaii’s Obamacare exchange website will soon shut down.
Since its implementation, the exchange has somehow failed to become financially viable because of lower than expected Obamacare enrollment figures.
With the state legislature rejecting a $28 million bailout, the website will now be unable to operate past this year.
...This is not the first time that a state exchange has failed, and taken millions of dollars in federal funds down with it.
Earlier this year, Oregon’s state exchange was officially abolished at an estimated cost of $41 million. Cover Oregon, as it used to be known received $305 million in funds from HHS but failed to produce a workable website months after the 2013 November deadline. The debacle has promoted numerous federal agencies and organizations to investigate allegations of inappropriate political interference from then Governor Kitzhaber’s 2014 reelection campaign."

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