Rep. Issa: Obamacare website cost could top $1 billion

U.S. Rep. Darrel Issa, chair of the House Oversight Committee, said the cost of the website will probably reach $1 billion by the time it the Obama administration gets it working properly.

“The fact is, eventually they’ll get this website working, at the cost of probably over a billion dollars,” Issa told Fox News’ Bill Hemmer on Wednesday. “They’re probably closer to $700 million now and they’re going to spend a lot more doing the hard parts on the back end.”

CMS Deputy Chief Information Officer Henry Chao said in congressional hearings last month that a large percentage of the IT systems needed to support the Obamacare exchange has yet to be built.

Issa said there’s “no question” the site will get more expensive, adding some of the cost could be pushed to the vendors who did such a poor job initially.

In addition to the website problems, Issa questioned whether Obamacare could be successful even if the site was up and running.

“The real question though is, does the Affordable Care Act work?” Issa said. “In fact, this market is not working because government cannot mandate lower prices.”

H/T: Politico


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