OIG: $500M spent on development and operation of federal marketplace

The 60 contracts CMS entered into for the development and operation of the federal marketplace were originally valued at $1.7 billion, and CMS has already paid $500 million toward those contracts, according to a recent report from HHS' Office of the Inspector General.

The contracts ranged in value from $69,195 to over $200 million. For 7 of the contracts, the obligated amounts have already exceeded the expected value by more than 100 percent.OIG

As of February, nearly $800 million had been obligated for the development and operation of the federal marketplace.

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