A billion dollars might not seem like a lot of money, but it’s a lot more when you consider how little it’s accomplished.

If you’d taken that $1 billion and just bought insurance for anyone who showed up in the 15 states not using the federal website, would you have ended up insuring more people than Obamacare has signed up on exchange plans so far in those states?

It seems likely, and you don’t even have to count the subsidies that some of those people will be getting.

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