Nearly Half of Obamacare Co-Ops Have Failed

By Published on November 2, 2015

Ten of the 23 health insurance co-ops created under Obamacare have gone out of business, and experts say more will follow.

Utah’s Arches is the latest co-op to fail, along with others in Kentucky, New York, Nevada, Louisiana, Oregon, Colorado, Tennessee, South Carolina and a co-op that served both Iowa and Nebraska.

Experts say that the co-ops are failing because of artificially low premiums, strict regulations, and too many people requiring payouts.

 

Read the article “Nearly Half of Obamacare Co-Ops Have Failed” on freebeacon.com.

Print Friendly, PDF & Email

Like the article? Share it with your friends! And use our social media pages to join or start the conversation! Find us on Facebook, Twitter, Instagram, MeWe and Gab.

Inspiration
Military Photo of the Day: Standing Guard on USS New York
Tom Sileo
More from The Stream
Connect with Us