Image courtesy of the WSJ.
Are some Democratic-leaning “blue” states cashing in on the failure of their state-run Obamacare health care exchanges? Based on a new report from the Government Accountability Office (GAO), the Daily Caller reports that Obamacare is perhaps fast becoming a money laundering scheme. The 15 states that have created exchanges, most of which failed, were examined in the GAO report.
The GAO report, analyzed by Americans for Tax Reform, illustrated that the Centers for Medicare and Medicaid Services (CMS) reviewed the state-based exchanges in 15 states and found serious operational deficiencies. In the instances of Massachusetts, Maryland, Nevada and Oregon, the sites were unable to enroll customers during the first enrollment period for Obamacare. Several of the state-based exchanges have been closed, and those states have reverted to the federal HealthCare.gov exchange instead. Yet the GAO reports that only $1 million of the $4.5 billion spent on the state-based exchanges has been reimbursed to the federal government.