Price tag for failed state Obamacare exchanges approaching half a billion.

All coming out of the state taxpayers’ pockets.

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.

Including, as it happens, mine.  So you will forgive me for being just a bit skeptical that throwing federal money at this problem will resolve matters, because I frankly doubt that it will.  Nothing else about this shambling travesty of a domestic policy initiative has worked out as advertised, after all.

Moe Lane

PS: I would suggest that states considering switching over to the federal exchange wait until the Supreme Court rules on whether the government is even authorized to offer subsidies to plans purchased on the federal exchange.  Which the Supreme Court very well may do; but it’s hardly a guarantee.

One thought on “Price tag for failed state Obamacare exchanges approaching half a billion.”

  1. Given the softness of Robert’s head on Obamacare, I’d say the more states ditch self run exchanges, the MORE likely he’ll side with HHS. It’d be too disruptive.

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