Here’s another shocker (NOT). Another blue, Democrat filth state misused ObamaCARE Marketplace funds. No wonder Democrats love ObamaCARE! It’s their own personal slush fund!
| Colorado Obamacare Marketplace Misused $9 Million In Grant Funds |
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The Colorado health care marketplace improperly spent nearly $9.7 million setting up the Obamacare health insurance exchange system, according to a report by the inspector general (IG) released Thursday.
Centers for Medicare & Medicaid Services (CMS) gave the state of Colorado $183.7 million in federal establishment grant funding to set up Connect For Health Colorado, the exchange program to implement President Barack Obama’s signature health law, the Patient Protection and Affordable Care Act.
Due to “a lack of adequate stewardship of federal funds,” the Colorado marketplace spent $9,678,635 of the grant funds in unallowable ways, the IG said in the report. For example, the Colorado marketplace spent $171,891 on performance bonuses for senior staff, but didn’t provide documentation of a work evaluation for most of them. When the marketplace did have evaluation forms to present to the IG, the documents weren’t signed.