LongTermGuy
05-13-2015, 10:09 PM
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"Despite over $205 million in federal taxpayer funding, Hawaii’s Obamacare exchange website will soon shut down. Since its implementation, the exchange has somehow failed to become financially viable because of lower than expected Obamacare enrollment figures. With the state legislature rejecting a $28 million bailout, the website will now be unable to operate past this year."
"Unfortunately, taxpayers will have to hand out an additional $30 million so that Hawaii can migrate to the federal system."
Running out of 'other people's money'
"Hawaii now joins Oregon, Massachusetts, Maryland, Vermont, New Mexico, and Nevada as cautionary tales in government central planning. With so many failed state exchanges, questions need to be asked about the haphazard allocation of billions of dollars in taxpayer funds and the complete lack of oversight."
https://www.atr.org/hawaii-s-205-mil...hange-implodes (https://www.atr.org/hawaii-s-205-million-obamacare-exchange-implodes)
"Despite over $205 million in federal taxpayer funding, Hawaii’s Obamacare exchange website will soon shut down. Since its implementation, the exchange has somehow failed to become financially viable because of lower than expected Obamacare enrollment figures. With the state legislature rejecting a $28 million bailout, the website will now be unable to operate past this year."
"Unfortunately, taxpayers will have to hand out an additional $30 million so that Hawaii can migrate to the federal system."
Running out of 'other people's money'
"Hawaii now joins Oregon, Massachusetts, Maryland, Vermont, New Mexico, and Nevada as cautionary tales in government central planning. With so many failed state exchanges, questions need to be asked about the haphazard allocation of billions of dollars in taxpayer funds and the complete lack of oversight."
https://www.atr.org/hawaii-s-205-mil...hange-implodes (https://www.atr.org/hawaii-s-205-million-obamacare-exchange-implodes)