A rather short Obamacare Schadenfreude post today I'm afraid happy to say. Just this post from the Instapundit. I'm stealing the whole thing because it's characteristically so short.
WHAT HAPPENED? We live in a fast-changing world, right. Still, how to account for this sequence of headlines in Politco Pro a friend on Capitol Hill pointed out this morning:Which leads right into: $474M for 4 failed Obamacare exchanges
Headline from 11/27/13 edition of Politico Pro proclaims: State successes show health law can work.
Headline from 5/11/14 edition of Politico Pro notes: $474m for 4 failed Obamacare exchanges.
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.Thank goodness it wasn't my money they were throwing down a rat hole! Wait . . . you mean it was?
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.
The federal government is caught between writing still more exorbitant checks to give them a second chance at creating viable exchanges of their own or, for a lesser although not inexpensive sum, adding still more states to HealthCare.gov. The federal system is already serving 36 states, far more than originally anticipated.
As for the contractors involved, which have borne most of the blame for the exchange debacles, a few continue to insist that fixes are possible. Others are braced for possible legal action or waiting to hear if now-tainted contracts will be terminated.
The $474 million spent by these four states includes the cost that officials have publicly detailed to date. It climbs further if states like Minnesota and Hawaii, which have suffered similarly dysfunctional exchanges, are added.
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