Obamacare Website Requires $1.8 Billion To Run For One Year The disaster that is the Obamacare website continues to be a black hole for government funds. Despite already spending over $700 million on the site, The Health and Human Services Department is now requesting an additional $1.8 billion to simply maintain the exchange it operates on behalf of about three dozen states. The exchange is a web portal where consumers without health coverage can compare and purchase plans, often with the help of government subsidies. Roughly 65 percent of this funding will come from fees related to Obamacare, while department officials will ask Congress to cover the remaining 35 percent. In exchange, the agency promised to fix the software glitches and capacity issues that wrecked the HealthCare.gov site before...
Posted on: Sat, 08 Mar 2014 03:47:39 +0000
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