Healthcare.gov Pricetag Was $1 Billion And Counting ..As Of September 30th

 

 

 

 

 

 

 

” If you asked ten people how much U.S. taxpayers spent on the embarrassingly non-functional Healthcare.gov website and exchage, you’d probably get ten different answers.  The official number offered by the Government Accountability Office is $394 million.  While that’s an awful lot of money, nobody believed it was anywhere close to an accurate figure. The more popular estimate was in the $600 million range but, now, even that seems downright reasonable.

   Bloomberg Government has an analysis which claims that the total cost of federal ACA implementation has easily topped $1 Billion and that it happened way back on September 30th. 

  Although the Affordable Care Act has been law for three and a half years, one third of the funds going to the top contractors working on the federal exchanges were awarded in the six months before the new insurance marketplaces opened Oct. 1, a Bloomberg Government Analysis has found.

  The torrent of late spending — almost $352 million of $1 billion in awards to the top 10 contractors — indicates the magnitude of the work still to be done as opening day approached, and helps explain the information technology problems that have dogged the exchange system since its launch. In a typical IT project, spending ramps up to a peak, then trails off during the final phase.”

 

 

   A billion dollars spent and nothing to show for it but enriched cronies and 404 messages . Now that’s Hope & Change®

 

 

 

 

 

 

 

 

 

 

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