Sponsored by Oregon Business

Cover Oregon needs grants for $16.2M shortfall

| Print |  Email
Must Reads
Tuesday, August 13, 2013

Oregon officials are asking for more federal grant funding to fill a projected $16.2 million shortfall for health insurance exchange Cover Oregon due to an accounting error.

The misprojection caused a ripple effect, resulting in three months of costs that weren't accounted for when Cover Oregon later applied for a larger $226 million grant.

The shortfall should not have an immediate effect on the exchange, which is scheduled to begin open enrollment in October, said Triz delaRosa, Cover Oregon's Chief Operating Officer.

The exchange, which eventually will sustain itself through fees, has federal grant funding until 2015. This gives state officials time to plug the projected gap.

Read more at The Mail Tribune.

 

Comments   

 
Guest
+2 #1 CEOGuest 2013-08-13 18:10:28
Is anyone surprised by this "revelation"?
Quote | Report to administrator
 
 
Guest
+2 #2 Covering their ButtsGuest 2013-08-13 19:30:56
All I have seen of "CoverOregon" is a bunch of stupid commercials with some guitar playing ex hippie extolling the virtues of the program. Except they never say what program they are extolling. I've also seen equally idiotic billboards talking about 'happiness" from Cover Oregon. I'm in the field, I know what it means but the average person has no clue what his/her tax dollars are going for and it's NOT MEDICAL CARE....the administrative costs are ridiculous but apparently they forgot to hire a competent accountant. Typical government program, wasteful and ineffective.
Quote | Report to administrator
 
 
Guest
+2 #3 And you're surprised?Guest 2013-08-13 21:04:04
It truly is pathetic to watch this disaster unfold, with the cretins administering it and fouling up at this level before the thing even gets halfway down the runway. Imagine how much fun it will be when these morons are actually running our lives!

May God help us.
Quote | Report to administrator
 
 
Guest
+2 #4 PresidentGuest 2013-08-14 03:11:47
Big surprise, they don't know what they are doing, how to do it, or what it will cost, but PLEASE give more money!! Reminds me of some stupid ad I have been seeing on TV,, it was for guess what?
Quote | Report to administrator
 
 
Guest
+1 #5 RE: Cover Oregon needs grants for $16.2M shortfallGuest 2013-08-14 19:31:41
Put a government entity in charge of the Sahara Desert and in one year there would be a shortage of sand! Liberalism is a mental disorder!
Quote | Report to administrator
 

More Articles

Courtside

April 2015
Thursday, March 26, 2015
BY JACOB PALMER

Power lunching at the Court Street Dairy Lunch in Salem.


Read more...

Get on the bus!

April 2015
Thursday, March 19, 2015
BY APRIL STREETER

How the private sector can ride the next transit revolution.


Read more...

Announcing the date of the 100 Best Green Workplaces in Oregon event

News
Friday, March 20, 2015
OBM-100-best-Green-logo-2015-250pxwBY OB STAFF

Join us to celebrate and network with Oregon’s best green workplaces!


Read more...

10 quotes explaining crisis at Port of Portland

The Latest
Friday, February 20, 2015
022015 port portland OBM-thumbBY JACOB PALMER | OB DIGITAL NEWS EDITOR

The ongoing labor disputes at the Port of Portland came to a head two weeks ago when Hanjin, the container port's largest client, notified its customers it would be ending its direct route to Oregon.


Read more...

Oregon Business expands events portfolio

The Latest
Friday, March 27, 2015
htctfacebookBY OB STAFF

New events series brings magazine to life.


Read more...

Photos from the 100 Best Companies to Work For in Oregon awards celebration

The Latest
Friday, February 27, 2015
IMG 9975cneditPHOTOS BY JASON E. KAPLAN

Images from the 2015 celebration of Oregon's great workplaces.


Read more...

Green Rush: Cashing in on legal marijuana

March 2015
Friday, February 20, 2015
BY COURTNEY SHERWOOD | OB CONTRIBUTOR

Marijuana is big business in Oregon, and it’s about to get bigger.


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS