Posted on 04/11/2013 1:56:06 PM PDT by tobyhill
Setting up insurance exchanges — the centerpiece of President Obama's healthcare reform law — is costing the Health and Human Services Department a whole lot more than it originally expected. According to budget documents released Wednesday, the department expects to spend $4.4 billion on exchange grants to the states by the end of this year — double its estimates a year ago.
The HHS is also asking Congress for another $1.5 billion to set up a federal exchange in 26 states. The department has cobbled together money from other programs to get started, but officials said they need another $800 million for operational costs and $550 million for outreach and education.
(Excerpt) Read more at thehill.com ...
Don’t worry, Boehner will be there with the check book asking how much HHS needs, after all, ObamaCare is now the “Law of the Land”.
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