Hawaii’s health insurance exchange – called “The Connector” – was awarded approximately $200 million in Federal subsidies. To date, it’s spent about $100 million of those subsidies.
Turns out it’s done just about as well the ObamaCare exchanges in Oregon. Or Maryland.
So, just how many people has The Connector signed up? Less than 10,000 – 9,217 individuals plus 628 of its own employees and dependents, to be precise. And it’s raised just a bit over $40,000 in user fees ($40,350).
The bottom line: The Connector has spent roughly $10,100 of Federal tax money per person it signed up. Yeah, that’s a “really good deal”.
In fact, it’s so bad that the CEO of Hawaii’s largest insurance provider has called for The Connector to be shut down. Sound familiar?
But don’t worry. In that socialist paradise Hawaii, they’ve got this under control.
All they need is an unlimited supply of Federal money, and they’ll have it fixed “real soon now”.
The sooner we rid ourselves of this abomination called ObamaCare, the better.
PS: In case you were wondering, apparently the state-run exchanges in Nevada and Massachusetts are in p!ss-poor shape, too. Between them, they’ve burned through $260 million in Federal funds (or will have, when Massachusettes decides what they’re going to do with their exchange) – and neither works worth a damn. They’re both so bad that both states are currently considering trashing their in-house attempts to create a state-run exchange and using that exemplar of missing functionality, HealthCare.gov, instead.
