The Success of Obamacare Continues

[red states rule]

Obama's "crowning" Achievement continues to roll along - sucking up more and more taxpayer money. And this is a success?

I do hope the USSC makes amends for its gross error of making this piece of crap constitutional





Several states that chose to expand Medicaid eligibility under ObamaCare now are facing deadline pressure to pay for it, the result of more signups than anticipated -- and, a looming reduction in how much of the bill the federal government will cover.


At least seven of the 29 states (and the District of Columbia) that expanded coverage have experienced significantly higher-than-expected enrollment. The expansion of Medicaid, the government health care program for low-income people, now allows most low-income adults making up to 138 percent of the federal poverty level to qualify. An estimated 1.4 million more people than expected have signed up in those seven states since enrollment opened in October 2013 -- with Illinois, Kentucky and Washington state more than doubling their projected numbers.


The experience is serving as a cautionary tale for states, including Florida, still debating whether to take the plunge and green-light the Medicaid expansion, which is optional.


The enrollment interest is definitely there -- but so is a ballooning taxpayer bill.



http://www.foxnews.com/politics/2015/06/05/medicaid-expansion-under-obamacare-raising-costs-concerns-for-opt-in-states/

[red states rule]

Even Obama's home state has thrown in the towel. Funny, I did not hear Chris Matthews or Rachel Maddow discuss this story :laugh:

All the WASTED taxpayer money. Well it did keep alot of Federal workers pushing papers from one of the desk to the other





Hawaii is taking its troubled ObamaCare insurance exchange off life support, the governor’s office announced Friday, the latest addition to a growing number of state exchanges forced to close after operations became unsustainable.


The once-highly praised Hawaii Health Connector has been “unable to generate sufficient revenues to sustain operations,” Gov. David Ige’s office said in a statement. The federal Centers for Medicaid and Medicare Services (CMS) informed the exchange last week that federal funds were no longer available to support long-term operations.


“The state is working with the Connector and CMS to determine what functions can be transitioned to state oversight to ensure compliance with the Affordable Care Act (ACA) by the next Open Enrollment in November 2015,” Ige said.


Ige said that Hawaii will maintain a Supported State-based Marketplace in which the state would provide local customer support.


Grant funds had been restricted in March after the exchange told officials it was not in compliance with the Affordable Care Act, commonly known as ObamaCare, due to fiscal instability and tech issues.


The shutdown comes after federal taxpayers dropped (http://www.foxnews.com/politics/2015/05/15/205m-obamacare-system-life-support/) more than $200 million into the exchange, which critics called a waste of taxpayer money.


"The $200 million was a complete waste of tax dollars that could have been used for much more productive efforts," Reg Baker, a well-known CPA in Hawaii who for many years was the chief financial officer for the health insurance plan, HMAA, told FoxNews.com last month.


http://www.foxnews.com/politics/2015/06/05/hawaii-abandons-troubled-state-obamacare-exchange/?intcmp=latestnews