Thursday, February 27, 2014

Spending Insanity - Obamacare’s Failed State Exchanges

Obamacare’s Failed State Exchanges - Reason.com: "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"



How will we ever get to the bottom of this spending insanity?  There are no controls.  The government bureaucracies are not answerable to any responsible authority.  No one is held accountable.  We just spend more and more - it is immoral.



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