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Another ObamaCare Co-Op Bites The Dust, As Taxpayer Costs Mount
Investor's Business Daily ^ | 08/27/2015 | John Merline

Posted on 08/28/2015 4:08:48 AM PDT by IBD editorial writer

On Wednesday, the Nevada Health Co-Op announced that it will go out of business at the end of the year. This is the third out of the 23 ObamaCare-created nonprofit health plans to fail, but it isn't likely to be the last.

(Excerpt) Read more at news.investors.com ...


TOPICS: Business/Economy; Editorial; Government; News/Current Events; US: Nevada
KEYWORDS: obamacare

1 posted on 08/28/2015 4:08:48 AM PDT by IBD editorial writer
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To: IBD editorial writer

and in the meantime, there will be a handful of cronies who did work for this co op who are filthy stinking rich because of it....just like Solyndra. It’s the Obama biz model, pump zillions of tax money into it, pay your cronies hundreds of millions in fees, then let it go belly up.


2 posted on 08/28/2015 4:10:58 AM PDT by C. Edmund Wright (WTF? How Karl Rove and the Establishment Lost...Again)
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To: C. Edmund Wright

It’s the Obama biz model, pump zillions of tax money into it, pay your cronies hundreds of millions in fees, then let it go belly up.

...and expect no one to notice?


3 posted on 08/28/2015 5:10:54 AM PDT by wita
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To: wita

they expect their lo fos not to notice...and the media not to notice....they just figure they’ll outvote those of us who do notice.


4 posted on 08/28/2015 5:30:35 AM PDT by C. Edmund Wright (WTF? How Karl Rove and the Establishment Lost...Again)
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To: IBD editorial writer

prediction: By this time next year we will have heard so many calls to bring back the “public option” it’s gonna make your head spin.


5 posted on 08/28/2015 6:09:38 AM PDT by Buckeye McFrog
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