Four Failed State Obamacare Exchanges Cost U.S. Taxpayers A Whopping $474 Million


by Jerome Hudson

When the federal health exchanges launched and crashed last fall through, according to numbers published by Politico and furnished by the Kaiser Family Foundation, failing state exchanges in Massachusetts, Oregon, Nevada, and Maryland have already spent over $474 million in development cost.

From Kaiser:

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.

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