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Obamacare Website Cost Over $2B

SAY WHAT?!

Exceeds cost estimates by the administration.

Far exceeding estimates by the Obama administration, a Bloomberg Government analysis estimates that the Obamacare enrollment system has cost roughly $2.1 billion. The estimate provided by the administration for healthcare.gov as well as other programs was last $834 million. The construction of the healthcare.gov involved 60 companies and was rife with infighting. The administration differs, and a spokesman for CMS said in a statement that “The GAO, HHS’s Inspector General and the department all measured the cost of marketplace-related IT contracts for healthcare.gov. But this report measures different things, and not surprisingly, produces a different number.” He also pointed out that the Affordable Care Act has saved consumers an estimated $9 billion in health-care costs.

Read it at Bloomberg News