mismanaged millions in government contracts, audit says

Obamacare cc

Obamacare, like all giant government programs, is already full of waste and “good enough for government work” thinking. But the insurance companies are reaping massive new profits.

Hey, it’s only your tax dollars.

(From The Verge)

According to Bloomberg, the audit found that CMS skipped a required 96-hour training period for employees overseeing contracts worth more than $10 million. Despite not even having the training required to oversee a contract worth $25,000, the audit found, one employee was managing a contract worth $130 million for at least 15 months. Federal standards for training won’t be met until October of next year.

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