Not that I am upset that Obamacare keeps failing.
But I just don’t understand how an exchange fails. The concept is so trivial — you do bids from insurance companies to meet a certain standard, and those that agree, you offer them all on a simple online interface.
Companies used to do this all the time, offering different insurance to their employees. And there are a dozen excellent examples of online purchasing sites.
Heck, there are car insurance websites that do exactly this job for car insurance, rather than health insurance. How much would it cost to just pay one of them to provide the service? Certainly not $200 million dollars.
We build jet planes that keep our country save for less money than Oregon spent on a web site to sell insurance from 3rd parties. How is that possible?