The article reports:
The inspector general’s office for the Department of Health and Human Services reportedly told Maryland Republican Rep. Andy Harris that it will proceed with an investigation into how Maryland’s Obamacare exchange spent copious amounts of federal grant money in the face of its failing exchange.
Oregon’s Obamacare exchange will also be investigated by the General Accountability Office after a separate request from House Republicans.
Large amounts of federal money were given to these two states to set up their exchanges–Oregon was awarded $304 million in federal funding for its Obamacare exchange — in addition to $160 million spent in state funding so far, the Maryland Health Benefits Exchange expects to spend $261 million, over 80 percent of its federal grants, by the end of 2015.
It seems to me that any person with some degree of common sense would be looking at these numbers and wondering how Obamacare was going to save money. It really is time to get the federal government out of the health insurance business and let the free market reign. There are ways that the government can set basic regulations to make it easier for people to afford health insurance–more competition in the free market would allow prices to drop, as would portability across state lines, tort reform, tax credits for individuals purchasing health insurance, and some other basic changes. It’s time to admit that Obamacare does not work and needs to be done away with and replaced with a free market system. The insurance industry is a business. There is nothing evil about business. Businesses work best with the least amount of government interference.