Obamacare Website Costs Top $2 Billion, Almost Triple Government Estimates

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Obamacare Website Costs Top $2 Billion, Almost Triple Government Estimates (ZeroHedge, Sep 25, 2014):

What’s the opposite of government efficiency? In a double-take-instigating headline, the federal government’s Obamacare enrollment system has cost about $2.1 billion so far, according to a Bloomberg Government analysis of contracts related to the project. BGOV’s analysis shows that costs for both healthcare.gov and the broader reform effort are far greater than anything publicly discussed. However, that pales into insignificance when considering health reform has cost American taxpayers $73 billion in the last four years… and counting.

As Bloomberg reports,

Spending for healthcare.gov and related programs, including at the Internal Revenue Service and other federal agencies, exceeds cost estimates provided by the Obama administration, the analysis found. The government’s most recent estimate, limited to spending on computer systems by the agency that runs the site, through February, is $834 million.

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“The way in which Obamacare has been rolled out has been very messy,” with spending scattered across dozens of contracts, many of them predating the law and amended afterward, said Peter Gosselin, a senior health-care analyst at BGov and lead author of study. “One of the reasons it has been implemented in the way it has been, financially, is precisely to deny opponents of the law a clear target.”

The construction of healthcare.gov involved 60 companies, supervised by employees of the Centers for Medicare and Medicaid Services instead of a lead contractor, according to the inspector general at the Health and Human Services Department.

“Round one, the crisis was in the front-end of the system,” Gosselin said. “Round two, it’s going to be in the back office.”

Nearly five years after passage, the Affordable Care Act (ACA) and a companion electronic health records (EHR) program have run a startup tab of more than $73 billion…

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BGOV’s analysis shows that costs for both healthcare.gov and the broader reform effort are far greater than anything publicly discussed. They’re also substantially greater than what the Congressional Budget Office (CBO) initially estimated health reform would cost by this point, although not what the agency’s more recent piecemeal estimates suggest.

Source: Bloomberg BGOV

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1 thought on “Obamacare Website Costs Top $2 Billion, Almost Triple Government Estimates

  1. Corporate enriching at public expense. Everything he does is for them. I am so disgusted, our republic has been totally hijacked.
    I have a rare spinal disease that will soon take my life. Everything they do for me is put on line for the government, and any hacker…….It is so wrong. People who are ill deserve their privacy.
    This is why I opt out of all so called life saving treatments. I am not going to spend the last few days in the hands of the chemists and medicine men.
    I found a doctor who does not lie to me or tell me pretty stories. I have seen both scans, read the reports, I come from a medical family, and what I didn’t understand, I know how to use a dictionary. I see him monthly, we check the progress of the disease every few months, and go from there. He is a good man with a kind soul.
    But, I had to shop for him just as I have had to shop for the right lawyers…….nobody with brains just goes to anyone.
    We connected, and so he is the one.
    Obama care did one good thing; took away the pre-existing crap the insurance companies did to us for decades. It was too late for me, I opted to take early retirement for Medicare coverage. I am glad other people don’t have that nightmare.
    Obama care is still young, so I think we ought to give it some time. His corporate enriching acts don’t give me much hope…….but lets try to work with something like this…..it is all we have. We have no other choices, just as we have none in our voting.
    We have lost our voices. We are overrun by immigrants to force down wages, and we have become a third world toilet. I blame Clinton with his cursed NAFTA and his signing away all the wonderful regulations that made our market the most stable and respected in the world.

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