(Investor's Business Daily) How much does it cost taxpayers to sign up one ObamaCare enrollee? In President Obama's home state of Hawaii, it's $56,819.
The Obama administration gave Hawaii $205 million in grants over the past three years to set up its state-run exchange. But so far, only 3,614 Hawaiians have filled out applications — just 40% of the state's enrollment goal.
Even if Hawaii were to reach its 9,000 target, it would still cost nearly $23,000 for each enrollee.
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Hawaii's low sign-up numbers have state officials scrambling to figure out what to do next year, when its exchange is supposed to rely on excise taxes charged to insurers selling through the Hawaii Health Connector.