Issa: Estimated Tab to Fix Obamacare Website Is $1 Billion

Image: Issa: Estimated Tab to Fix Obamacare Website Is $1 Billion

Thursday, 05 Dec 2013 03:44 AM

By Elliot Jager

Share:
  Comment  |
   Contact Us  |
  Print  
|  A   A  
  Copy Shortlink
House Oversight Committee Chairman Darrell Issa, R-Calif., told Fox News Wednesday that the bill for fixing the HealthCare.gov Obamacare website could reach $1 billion, Politico reported.
 
The Obama administration has said it does not know how much more money it will take to make the repairs on top of the $600 million spent on the site so far, The New York Times reported.

Issa said that the costly fixes — which involve both software and hardware — will eventually make the site functional, The Hill reported.

"So there's no question this site is going to get more and more expensive. Perhaps they'll try to push back some of the cost to the vendors, who failed so miserably, but there's no question: this is going to be extremely expensive," Issa said.  

David Powner, who is the civil servant in-charge of IT management at the Government Accountability Office, told the Oversight Committee that he could not estimate the cost of fixing the website. "We're kind of blind to that."
 
The original estimated cost of the site was $394 million. Bloomberg reported that 3 1/2 years after the Affordable Care Act was passed — and only six months before the Oct. 1 launch deadline — the government awarded key contracts necessary to get the site working.

It also waited until the 11th hour to arrange a system for handling paper applications.
 
Meanwhile, Fox News reported that while, according to the Congressional Budget Office, Medicare and Medicaid costs are lower and projected to continue in a downward direction for the next 10 years, federal subsidies to insurance companies could cost $1 trillion.
 
That is because changes in the healthcare law to allow younger, healthier people to keep their current insurance will skew costs as the proportion of older, less healthy people enrolling in the exchanges is anticipated to grow.

Related Stories:

© 2014 Newsmax. All rights reserved.

Share:
  Comment  |
   Contact Us  |
  Print  
  Copy Shortlink
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Country
Zip Code:
Privacy: We never share your email.
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
Top Stories
You May Also Like

Rush Limbaugh's Call Screener: Liberalism 'Horrific' to Black Communities

Sunday, 21 Sep 2014 22:23 PM

Calling liberalism's effect on black communities "horrific," the longtime call screener for Rush Limbaugh says that for  . . .

Activist Suing Over NYC Refusal to Put Anti-Jihad Ad on Buses

Sunday, 21 Sep 2014 20:00 PM

Activist Pamela Gellar is suing the New York City transit agency for refusing to place her anti-Jihadist ad on the city . . .

Panetta: Obama Wrong on Iraq Pullout, Failure to Arm Syrians

Sunday, 21 Sep 2014 19:36 PM

Former Defense Secretary Leon Panetta says his old boss, President Barack Obama, erred when he failed to leave a residua . . .

Most Commented

Newsmax, Moneynews, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, NewsmaxWorld, NewsmaxHealth, are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved