Obamacare’s Medicaid expansion enrollees cost 49 percent higher than what was projected one year ago, Forbes reported.
According to a report from the Department of Health and Human Services, the agency found that these enrollees cost an average of $6,366 in fiscal year 2015, up from $4,281 that was projected in last year’s report.
“The magnitude of HHS’ error reveals a major flaw in the government’s ability to estimate the ACA’s costs, and worse, that the actual costs of the ACA’s Medicaid expansion appear much higher than expected,” the article states.
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3 comments:
You don't say.
Of course they knew this all along.
The plan from day one (which was accidentally leaked by Harry Reid) was a single-payer system. They've been going through this charade with Obamacare exchanges to frustrate people-- they would never agree to single payer initially, but after all the frustration it might look better to them.
Chalk one up for the Alinsky-ites.
OweBama math in action!
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