Saturday
Oct172015
ObamaCare co-ops at risk of failing after billions in loans
Saturday, October 17, 2015 at 01:16PM THE HILL
The future of an ObamaCare program that was intended to create non-profit insurers is increasingly in doubt, with several of the ventures forced to close down around the country.
On Friday, co-op insurance plans in Colorado and Oregon became the latest to call it quits, following the closure of similar plans this month in Tennessee, Kentucky and New York.
Just 15 of the original 23 co-ops remain in operation, and the administration acknowledges that more of them could fail, potentially leaving a strike against President Obama’s signature law.
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