Two Words to describe Obamacare in at least 5 State Exchanges: Money Pit

As the Obama administration touts its latest enrollment numbers for the ObamaCare exchanges, some state networks are grappling with major changes ahead of the next sign-up period – meaning more cost to taxpayers. 

The biggest overhaul came out of Oregon, which last week decided to junk its broken health care exchange and turn to the federal government for help.

"Their health exchange has been a disaster,” said Michael Cannon, of the Cato Institute. 

"They're the only state in the country that built their own exchange and couldn't get it to a level of functionality to sign a single person up,” said Jim Capretta, of the Ethics and Public Policy Center.

But Oregon isn’t the only state still struggling, months after the major problems with HealthCare.gov were addressed. 

Systems in Vermont, Massachusetts, Nevada and Maryland continue to have problems. 

"The federal government spent about a billion dollars on those five state exchanges, and none of them are very likely to work well ever,” Capretta said. “So that's a lot of wasted taxpayer money."

Maryland's exchange imploded, and it decided a month ago to adopt the system used by Connecticut. But officials say they’ll need $40-50 million more to cover the costs. 

Officials refuse to say where the money will come from, but taxpayers somewhere will pay.

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