"Health coverage was never so costly until President Obama decided to make it “affordable.”
What Bloomberg didn’t do is compare that cost to the government’s latest estimate of the number of people who have obtained Obamacare coverage: 7.3 million, and possibly falling.
That means taxpayers have shelled out $10,000 per insured person.
Only a relatively small portion of that $73 billion went for actual subsidies to help people afford coverage, according to Bloomberg.
The large majority of the money was spent on health IT, exchange grants to get the state websites up and running, and contractor spending.
Most of those outlays have been miserable failures.
No comments:
Post a Comment