ObamaCare website costs taxpayers $840 million so far; insurance companies raking it in


The ObamaCare website, HealthCare.gov, had already cost taxpayers some $840 million as of March of this year, according to a new report from the Government Accountability Office (GAO). Nonetheless, the website is still not complete. The GAO's director of acquisition and sourcing management, William T. Woods, will testify today about the HealthCare.gov cost report to the House Energy and Commerce Committee.
Meanwhile, a report from Bloomberg indicates that insurance companies and for-profit hospitals are making more money as a result of ObamaCare requirements, despite predictions that the law would cause their profits to take a hit. "ObamaCare's turned out to be quite good for health-care companies," said Les Funtleyder, a financial advisor. Conservative critics have long argued that one effect of ObamaCare would be to guarantee additional income to the very insurance companies the president has said prioritize greed over people.
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.

Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
Sign up for Today's Best Articles in your inbox
A free daily email with the biggest news stories of the day – and the best features from TheWeek.com
Bonnie Kristian was a deputy editor and acting editor-in-chief of TheWeek.com. She is a columnist at Christianity Today and author of Untrustworthy: The Knowledge Crisis Breaking Our Brains, Polluting Our Politics, and Corrupting Christian Community (forthcoming 2022) and A Flexible Faith: Rethinking What It Means to Follow Jesus Today (2018). Her writing has also appeared at Time Magazine, CNN, USA Today, Newsweek, the Los Angeles Times, and The American Conservative, among other outlets.
-
'What is this Hungarian model they so admire?'
Instant Opinion 'Opinion, comment and editorials of the day'
By Justin Klawans, The Week US Published
-
Today's political cartoons - April 1, 2025
Cartoons Tuesday's cartoons - trade wars, tax deadlines, and more
By The Week US Published
-
The ETA: how new UK travel rules may affect you
The Explainer Full roll-out of Britain's new travel scheme is designed to be easy, but some have already faced problems
By Rebekah Evans, The Week UK Published
-
Measles outbreak spreads, as does RFK Jr.'s influence
Speed Read The outbreak centered in Texas has grown to at least three states and Health Secretary Robert F. Kennedy Jr. is promoting unproven treatments
By Peter Weber, The Week US Published
-
RFK Jr. offers alternative remedies as measles spreads
Speed Read Health secretary Robert F. Kennedy Jr. makes unsupported claims about containing the spread as vaccine skepticism grows
By Peter Weber, The Week US Published
-
Texas outbreak brings 1st US measles death since 2015
Speed read The outbreak is concentrated in a 'close-knit, undervaccinated' Mennonite community in rural Gaines County
By Rafi Schwartz, The Week US Published
-
Mystery illness spreading in Congo rapidly kills dozens
Speed Read The World Health Organization said 53 people have died in an outbreak that originated in a village where three children ate a bat carcass
By Peter Weber, The Week US Published
-
Ozempic can curb alcohol cravings, study finds
Speed read Weight loss drugs like Ozempic and Wegovy may also be helpful in limiting alcohol consumption
By Peter Weber, The Week US Published
-
New form of H5N1 bird flu found in US dairy cows
Speed Read This new form of bird flu is different from the version that spread through herds in the last year
By Peter Weber, The Week US Published
-
Microplastics accumulating in human brains, study finds
Speed Read The amount of tiny plastic particles found in human brains increased dramatically from 2016 to 2024
By Peter Weber, The Week US Published
-
FDA approves painkiller said to thwart addiction
Speed Read Suzetrigine, being sold as Journavx, is the first new pharmaceutical pain treatment approved by the FDA in 20 years
By Rafi Schwartz, The Week US Published