Who benefits from the massive Obamacare cost overruns? Future taxpayers will face crushing bills while today's big hospitals, big insurance companies, and big federal and state bureaucracies make out like bandits. No, not "like" bandits ... they are worse than thieves, who at least usually admit that they are stealing. "A study last year from economists at Harvard, Dartmouth, and MIT found that Medicaid enrollees value program benefits at only between 20 to 40 cents for each dollar of spending.

Cost of Medicaid expansion far exceeds initial estimates

By Brian Blase Washington experts have been frequently wrong about the Affordable Care Act. They projected far more enrollees in ACA exchanges than materialized. They also projected that the individual insurance market would stabilize in 2016 with robust competition. Instead, the country is grapplin...

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