Megan McArdle, Columnist

How HealthCare.gov Went So, So Wrong

A report says the exchange needed better management. Well, sure. And a budget. And reasonable contracting rules.

September 16, 2015 at 11:24 AM UTC

By Megan McArdle

Megan McArdle is a former Bloomberg Opinion columnist.

Avoidable error.
Photographer: KAREN BLEIER/AFP/Getty Images

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The Centers for Medicare and Medicaid Services inspector general has issued a new report on what went wrong with the Obamacare insurance exchanges. Or rather, one thing that went wrong: how the agency mismanaged the contracts so that they experienced significant cost overruns.

You can take this report as a searing indictment of the agency and its contracting personnel. I took something rather different away from reading it: