Peter Suderman on Obamacare’s Failed State Exchanges

The
federal government spent more on broken state-run exchanges than it
did on its own troubled system. Of the 14 states, plus the District
of Columbia, that established their own health insurance coverage
under Obamacare, seven remain dysfunctional, disabled, or severely
underperforming.

Development of those exchanges was funded heavily by the federal
government through a series of grants that totaled more than $1.2
billion—almost double the $677 million cost of development for
the federal exchange. Senior Editor Peter Suderman provides a
rundown of the troubled state exchanges and the federal grants they
qualified for. 

View this article.

from Hit & Run http://ift.tt/1kcLEIE
via IFTTT

Leave a Reply

Your email address will not be published. Required fields are marked *