Thursday, October 24, 2013
Report: Final Cost of Obamacare Website Tops $1 Billion
BACK UP THE BRINKS TRUCK!!!
The principal contractors responsible for the federal government's troubled health insurance website say the Obama administration shares much of the responsibility for snags that have crippled the system.
Executives of CGI Federal, which built the federal HealthCare.gov website serving 36 states, and QSSI, which designed the part that verifies applicants' income and other personal details, testified Thursday before the House Energy and Commerce Committee.
Meanwhile, figures released Thursday say the total cost of the deeply flawed website and healthcare exchange has topped $1 billion, according to a devastating new report by a widely respected government analyst.
Editor's Note: 22 Hidden Taxes and Fees Set to Hit You With Obamacare. Read the Guide to Protect Yourself.
How? A surge in government spending on the Obamacare exchanges before they went live pushed the price paid to top government contractors over the $1 billion mark, The Hill reported, quoting the new study.
The report released Thursday by Bloomberg Government analyst Peter Gosselin says that federal spending ramped up in the months leading up to Oct. 1, with $352 million of the $1 billion in federal contracts to the top 10 Obamacare contractors awarded during this time.
"In a typical IT project, spending ramps up to a peak, then trails off during the final phase," Gosselin wrote.
This is a huge increase from the price tag usually associated the Affordable Care Act rollout: $394 million. That came from a Government Accountability Office report.
But Gosselin argues that the GAO study was too narrowly focused. He expanded his search of a federal contractor databases to include all awards where the acronym "ACA" or other related words and phrases appeared.
Via: Newsmax
Continue Reading.....
Subscribe to:
Post Comments (Atom)
Popular Posts
-
President Joe Biden is hiding a myriad of information on the more than 75,000 Afghans his administration has brought to the United States ...
-
'It's A Great Opportunity For Me Personally, It's Great Opportunity For Our State' ASBURY PARK, N.J. (CBSNewYork) –...
-
Twenty-three House Democrats failed to build a “remembrance” exhibit by the first anniversary of the January 6 protests. In the wake of th...
-
Dr. Ivar Giaever (AP) A Nobel Prize-winning scientist who supported President Barack Obama has said that he does not believe global...
-
by JOHN NOLTE 3 Jul 2015 1719 With the fascist left on a fascist rampage , why not add a little defiance to your 4th of July b...
-
For reporters trying to cover the opening months of Hillary Rodham Clinton's second presidential campaign, Waterloo, Iowa might be her...
-
PALM BEACH, Fla. – With Election Day less than 11 weeks away, top-rated radio host Rush Limbaugh says Democrats are “set to implode,” be...
-
President Obama has been claiming that people can keep their favorite doctors under the Affordable Care Act . But anyone who wants a prem...
-
Shepard Fairey, the artist who designed Barack Obama’s “Hope” poster that symbolized his 2008 campaign, said that he thinks Americans are ...
-
The new Netflix film Don’t Look Up is sort of the big budget sequel to celebrities singing Imagine , The film has an impressive cast—Le...
No comments:
Post a Comment