Most website developers say an aggregator website, such as what healthcare.gov is, could be built easily for a half a million dollars. They have spent a half a billion dollars.
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After almost half a billion dollars spent on the computer registration system for Obamacare, the website coughed, sputtered, and appeared to descend into an immediate coma as millions tried to log on. One reason is that the Obama administration never fully tested it.
To the millions of Americans who've attempted to use HealthCare.gov to shop and enroll in health-care coverage, I want to apologize to you that the Web site has not worked as well as it should. We know how desperately you need affordable coverage.
Relative to all the start-ups out there, getting a valuation of $1 billion is rarely accomplished.
'Bloomberg's, you know, for people who don't use the service, provides through the Internet - through specialized computers - information about the financial world. It's a very large data base. I think they have on the order of a billion dollars or more a year in revenue.
General revenue - what taxpayers are willing to give government, what they think is fair to give government - is not going to grow at the same amount that the federal government basically forces us to spend on Medicaid.
At least Obama was half-way honest about how much he was going to spend on health care. He had it at $600 billion. And the real number... is $1.2 trillion.
Big Internet companies on average are capable of generating revenue of $1 million per employee, and that compares to 10 to 20 percent of that which is normally generated by traditional offline businesses of comparable size.
CMS has a track record of successfully overseeing the many contractors our programs depend on to function. Unfortunately, a subset of those contracts for HealthCare.gov have not met expectations.
Supported by digital data, new data-driven tools, and payment policies that reward improving the quality and value of care, doctors, hospitals, patients, and entrepreneurs across the nation are demonstrating that smarter, better, more accessible, and more proactive care is the best way to improve quality and control health care costs.
Somebody has to pay our editors, writers, journalists, designers, developers, and all the other specialists whose passion and tears go into every chunk of worthwhile web content.
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