Precious Metals Charts

May 11, 2014

$474M for 4 failed Obamacare exchanges

$474M for 4 failed Obamacare exchanges

Medical equpiment and money are pictured. | Getty

By JENNIFER HABERKORN and KYLE CHENEY


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.


Read more: http://www.politico.com/story/2014/05/obamacare-cost-failed-exchanges-106535.html#ixzz31R8Hq7G4

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