Bloomberg Reports Just How Costly ObamaCare Is (Audio: Interview)

Published: Oct. 2, 2014, 9:49 p.m.

Taxpayers have shelled out $10,000 per insured person under Obamacare. But only a relatively small portion of that $73 billion went for actual subsidies to help people afford coverage, according to Bloomberg. The large majority of the money was spent on health IT, exchange grants to get the state websites up and running, and contractor spending. Most of those outlays have been miserable failures. Merrill Matthews joins WAVA's Don Kroah.