According to a Bloomberg Government Analysis, the Obamacare enrollment system didn’t cost the roughly $834,000 claimed by our administration. It cost a whopping $2.1 billion.
I guess we should be grateful it’s not a trillion.
People have to understand that it’s not just wasteful, it’s money that would have been used for our healthcare that won’t be used for its intended purpose.
The government will have to ration care because of their inefficiency and overall problem with corruption.
The government figure was untruthful. They don’t count all the money they spend. They spread it around to hide their inefficiency.
One government analyst told Bloomberg this after conducting a study:
“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 the 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 government didn’t count the hundreds of millions to be spent on IRS police or the hundreds of millions needed for paper enrollment when the website failed as two examples of the accounting chicanery.
The government can’t be efficient – it’s too large.
According to Bloomberg, “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. The project was marked by infighting among the contractors, CMS officials and top officials at HHS, the Cabinet-level department that oversees CMS, according to e-mails released Sept. 17 by the House Oversight and Government Reform Committee.”
The allegedly eight million who signed up is a bloated figure. At least 15% haven’t paid and the number is believed to be much higher
The website is still not secure and was recently hacked, an event the administration sought to hide from the public.
You couldn’t run a private business like this but the government doesn’t have a budget limit, they don’t hold people accountable, and they rely on continually going back to the taxpayer trough.
The Democrats like to say that the rise in premiums has slowed due to Obamacare. It’s a shell game.
Despite these lofty claims, Forbes tells us that the experts working for Medicare’s actuary have once again reported that in its first 10 years of operation, Obamacare, rather than decrease health care costs, will instead boost health-care spending by “roughly $621 billion” above the amounts Americans would have spent if the law had never been passed.
Putting that in perspective, $621 billion, Forbes contributing writer Chris Conover broke the numbers down to show the cost for the average American family. By taking the latest year-by-year projections of the cost and dividing it by the US population and then multiplying that amount by four Conover comes up with the cost, as per the Medicare actuaries, to be $7,450 for a family of four.
The president and his minions, like my congressman Tim Bishop, said we can keep our doctor and our healthcare plan if we want to even when it was blatantly obvious we wouldn’t. The lying continues. The White House website and my congressman’s website still claim we will keep our doctor and our healthcare plan.
The president continues to tell small business owners “your premiums will go down.” He says this knowing full well that in three separate reports between April 2010 and June 2012, Medicare actuaries showed how Obamacare would increase spending. This is according to US Finance Post.
“Twenty-nine percent of independent insurance brokers claim their businesses have been injured by Obamacare, according to a new survey. Thirty-three percent of the respondents also said they are considering getting out of the health insurance business entirely because of Obamacare. The survey was conducted by McKinsey & Com. of more than 1,000 independent brokers during Obamacare’s first “open enrollment” period from October 2013 to April 2014. Read about that at the Washington Examiner.
For people who think businesses are some abstract concept, you must realize this will all come back to us as much higher and unnecessary costs and it won’t take long. By 2017, the worst features of the bill will be realized. That’s when the rubber will meet the road.