[caption id=”attachment_128443″ align=”aligncenter” width=”638″] (Associated Press)
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Just when it seemed like it couldn’t get any worse with ObamaCare, a study revealed that the overhead costs for the program are set to skyrocket up to a quarter of a billion dollars over the next decade.
Five years into the Affordable Care Act and it seems that the administrative side of it — the side that they should have down by now — is what is costing the most. And your “affordable care” doesn’t look like it will be going down in price any time soon.
“New costs” related to ObamaCare — a staggering $270 billion — make up 45 percent of all federal spending related to ObamaCare, The Hill reported.
That’s right. An astonishing 45 percent of the federal spending on healthcare this year, of which the U.S. is already in debt from, will go to overhead costs. Not the doctors, or new life-saving equipment and research, but the bureaucratic red-tape that so many were wary of in the first place.
Remember the chaos that ensued during the roll out? Website glitches, low enrollment numbers, and confusion proved that the plan wasn’t actually well-thought-out and that a large scale national healthcare concept was going to be a lot more complicated than expected.
The initial roll out expenses, which totaled around $6 billion in the start up efforts, now pale in comparison to the quarter of a trillion dollar estimate reported by the Health Affairs blog.
If in five years the administration hasn’t gotten more efficient and overhead costs have only gone significantly upwards instead of down, the numbers have got to leave people scratching their heads. When is this unaffordable care act is going to get affordable and who exactly cares for the people who
choose to enroll?
