Posted on 05/07/2014 7:30:33 AM PDT by SeekAndFind
Last August, officials in the nation's capital decided to spend $6.4 million hiring 150 "trained experts," or navigators, to help uninsured residents of Washington, D.C., to sign up for ObamaCare.
By mid-April, just 10,714 people had signed up for a private ObamaCare plan through the D.C. exchange. Nobody knows how many of them previously went uninsured. But even if every one had insurance — and paid their premiums — the cost still works out to $597 in spending per enrollee.
While ObamaCare was sold on the premise that it could cut health costs, the results of the first open enrollment show that, even with 8 million people signed up, doing so turned out to be hugely expensive.
In D.C., the navigator grants were just the tip of the spending iceberg. The federal government handed D.C. officials $133.6 million to build their own exchange and another $631,000 in grants to health centers to help sign people up.
All told, that works out to more than $13,123 per ObamaCare exchange sign-up.
(Excerpt) Read more at news.investors.com ...
Worth repeating again....we could have just bought a policy for every uninsured individual in this country for a fraction of the cost of Obamacare.
exactly! and this is what i kept suggesting to the people i know who were wanting PPACA to pass...
I believe it’s been said you could have given every US citizen a million dollars and that would have been less than what has been spent so far on just creating the Obamacare website alone.
That’s kind of hard for me to wrap my brain around.
And for each $1.00 of Obamacare subsidy handed out, more than twice that amount has to be collected on the front end. I believe are calling the difference administrative costs.
ok, A dollar per person. Bad math day. But still it’s probably more than 300 million.
Yep. Adding a handful of dollars a month onto existing premiums would’ve covered the uninsured.
But, this was never about covering the uninsured or lowering costs. It was always about a government grab of 1/6 of our economy, unions, and control of the populace.
“We’re going to work with your employer to lower the cost of your premiums by up to $2,500 a year.” — Marxist Commie Squatter in Chief.
So that’s where the “savings” went...
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