Obamacare costs: big bucks for the ACA.
Author | Suderman, Peter |
Position | Citings - Patient Protection and Affordable Care Act - Brief article |
ACCORDING TO a Bloomberg Government report released in September, the startup costs of Obamacare and an associated health technology program are much higher than projected. More than $73 billion has been spent so far, an amount "substantially greater than what the Congressional Budget Office (CBO) initially estimated health reform would cost by this point," the report notes.
About $25 billion of that tab went to implementing an electronic health records program. That program was supposed to save money while making it easier to transfer medical records between providers. But reports indicate that the new...
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