Posted on 11/05/2015 9:27:36 AM PST by LibertysWordsmith
Last month, Colorado HealthOP, the state's largest non-profit health insurer, was removed from Colorado's Obamacare exchange, Connect for Health Colorado, because massive ongoing losses have rendered it financially unstable. As of next year, the co-op's 83,000 members will have to find new health coverage, while taxpayers are on the hook for more than $70 million in startup loans.
The Denver Post reported earlier this year that Colorado HealthOP, which captured roughly 40 percent of all health insurance enrollments though the state exchange and was its largest carrier, garnered market share with an "aggressive price cut ... but analysts warn the move carries financial risk."
You don't say. Too bad the risk was yours and mine instead of theirs.
(Excerpt) Read more at rossputin.com ...
And the answer is that we don't have enough government intervention yet. Surely making health care "free" will solve everything.
But! But! It was supposed to cost so much less. (sarc)
You think healthcare is expensive now, just wait until it’s “free”.
If you think HC is expensive now, wait until its free. PJ O’R.
Are all the people who paid inflated premiums for no coverage out that money too?
And another "Friend of the Court" opens a bulging Swiss Bank Account! Bet on it.
Just like there is no such thing as a “free” cat, there is no such thing as “free” health care.
If somebody is getting something for nothing, somebody else, somewhere, is getting a whole lot of nothing for something of considerable value.
Action first, critical thinking later (if ever).
The healthcare is too damn high!
The better the name sounds the worse the law. The Affordable Care Act is a prime example of exploding insurance premiums that are becoming more unaffordable every day.
ping
Colorado Ping ( Let me know if you wish to be added or removed from the list.)
The Colorado Co-op is still paying claims through the end of the year. People have to change their insurer for 2016.
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