Obamacare Costs
Big bucks for the ACA
According to a Bloomberg Government report released in September, the startup costs of Obamacare and an associated health technology program are much higher than projected. More than $73 billion has been spent so far, an amount "substantially greater than what the Congressional Budget Office (CBO) initially estimated health reform would cost by this point," the report notes.
About $25 billion of that tab went to implementing an electronic health records program. That program was supposed to save money while making it easier to transfer medical records between providers. But reports indicate that the new systems are being neglected in many places. Where they are used, they rarely communicate with one another. One of the more common uses of the system: exploiting built-in tools to increase billing to Medicare.
Another $2 billion went to the federal health exchange, where citizens can shop for and purchase health insurance plans. The exchange failed dramatically on launch in 2013 and is still not complete.
This article originally appeared in print under the headline "Big bucks for the ACA."
Editor's Note: As of February 29, 2024, commenting privileges on reason.com posts are limited to Reason Plus subscribers. Past commenters are grandfathered in for a temporary period. Subscribe here to preserve your ability to comment. Your Reason Plus subscription also gives you an ad-free version of reason.com, along with full access to the digital edition and archives of Reason magazine. We request that comments be civil and on-topic. We do not moderate or assume any responsibility for comments, which are owned by the readers who post them. Comments do not represent the views of reason.com or Reason Foundation. We reserve the right to delete any comment and ban commenters for any reason at any time. Comments may only be edited within 5 minutes of posting. Report abuses.
Please
to post comments
http://j33x.com/tag/hguhf/
http://j33x.com
http://www.jeux44.com
http://www.al3abmix.com