The Cost of #Obamacare Exchanges? 10 Bucks Each

How much have we spent on the exchanges? There are no shortage of claims.

I’ve heard and seen figures like $500M and $650M.

It’s not $500M. It’s not $650M.

According to Glenn Kessler’s The Fact Checker column, “How much did Healthcare.gov cost?
…CGI Federal – the contactor who built the website – has so far been paid $112M
…QSSI – the contractor responsible for the backbone and data hubs – has a contract that “has been funded” to $85M

That’s $197M.

Now, the Total Contract Value (TCV) and “…the least important number, as in effect it is like a credit card limit,” is $292M.

So let’s stop all the unnecessary hand-wringing over this price tag, shall we? Insuring 30million of our fellow citizens at a price of $300M is ten bucks per. If we can’t have single payer (yet), can we at least stop whining about having to spend $10 each to provide a system by which the less fortunate among us can sign up for (lest we forget) FOR-PROFIT health insurance?

dont-panic1As for the technical issues, there’s absolutely no need to panic.

It’s a big system, folks. Big systems cost money; money, by the way, that’s being paid to private companies who hire your friends, family, and neighbors to do this kind of work.

People are not perfect, and neither is the work they do. Anyone who has been within a mile of a big information technology project has seen this kind of thing before and even been in a place exactly like this one before. Can we please stop pretending that this is some sort of catastrophe from which there is no recovery?

And those of us who have been inside that one-mile radius also know that IT people are really, really, really smart. They know how to fix stuff like this. They do it all the time.

How about we get behind them and start showing our support instead of listening to and regurgitating the shrill criticisms and misinformation coming from people who know nothing about such things?

How about we also keep a perspective on the cost, and remember that this $300M is being paid to private companies who employ our fellow Americans so that poor Americans don’t have to go through life without insurance to cover their medical expenses.

 

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