Feds hiding list of 11 more Obamacare co-ops in danger of going under

Hotair ^ | 10/19/2015 | Jazz Shaw

[Buckeye McFrog]

The dominoes are already tumbling towards single payer.

[Balding_Eagle]

The dominoes are already tumbling towards single payer.

At one time I would have agreed with you.

Then Trump entered the race.

Thank God America is awakening.

[PGR88]

NY’s states “coop” is closing Jan. 1

200,000 people will again have to find a new insurer for the second time in 2 years.

This coop rec’d about $170 million in Federal Obamacare grants to establish themselves in the “high risk corridor” before they even sold a single policy

They then lost $70 million in 2014, and lost another $55 million in the first six months of 2015.

The goal seems to get everyone used to corrupt, fascist system - and then prepare for total nationalization.

[alloysteel]

Oh, no! Tell us it ain’t so!

This was supposed to be SO GOOD, that it was the answer for all time.

Somebody was severely lacking in critical thinking.

Do not start vast projects with half-vast ideas.

[jsanders2001]

I am starting to hear more about this from other insurance companies. As the exchanges go under we can be reminded that Obama lied to us about keeping our own doctors, the cost, and everything else about it. He lied to us like a used car salesman. Then paid someone tied to his wife to build the website that didn’t work. He’s the anti-Midas King. Can’t wait til he’s out of office one way or another.

[Lazamataz]

Feds hiding list of 11 more Obamacare co-ops in danger of going under

Why are they bothering to hide it? It's not a bug, it's a design feature.

[Iron Munro]

[yoe]

From start to finish, I am just guessing Obamacare has been and is the most expensive and wasteful government run program ever....and I am guessing cronies of the Obama's are now millionaires....the computer programmer surely is and all those "contractors"....ummmmm um!

Pull the plug on Obamacare, Congress...save the nation billions of $$$$$.

[Lazamataz]

I am starting to hear more about this from other insurance companies. As the exchanges go under we can be reminded that Obama lied to us about keeping our own doctors, the cost, and everything else about it. He lied to us like a used car salesman. Then paid someone tied to his wife to build the website that didn’t work. He’s the anti-Midas King. Can’t wait til he’s out of office one way or another

This guy is a heatseaking guided missile fired by the Saudis to destroy American Airlines Flight 1776.

[Starboard]

nearly a dozen other co-ops have been placed on a special watch list because their future is highly uncertain and they may be at risk of folding as well

******************

Pure BS. They won't fold. The corrupt and spineless Republican congress will rescue them all with additional funding.

[Buckeye McFrog]

Last time I checked Trump favored single payer.

And frankly the train wreck is becoming so complete, that may become our only option.

[immadashell]

Nearly half a million failing co-op customers will have to find new coverage in 2016.

No, no, no! Odumbo promised you can keep your health plan if you like it. If the provider fails, its members should not be forced to leave it and should not be subject to IRS fines and penalties since they were deserted by the government. How do they (the government) justify penalizing citizens who followed their orders?

[samtheman]

I’m from the government and I’m here to help.

The check is in the mail.

I promise not to...

If you like your current health insurance, you can keep it.

[Starboard]

This coop rec’d about $170 million in Federal Obamacare grants

*************
I’m so sick of hearing the words “grants”. It just a fancy word for uncontrolled government largesse.

It seems that grants always go to liberal programs. You never hear of a single grant going to support a conservative project of any kind. Ever.

[timestax]

ping

[hal ogen]

The “transformation” of America promised by traitor Clown Prince nobama is proceeding well. All is intentional. Many of our “leaders” are complicit criminals. May Justice soon find them all.

[jsanders2001]

And he keeps calling US the bad guys. Does he think people are really THAT stupid? Well yeah I guess so or almost half of them (so they say; which I think is ANOTHER lie)

[headstamp 2]

http://acasignups.net/15/09/25/new-york-health-republic-4th-aca-co-op-close-down

[ROCKLOBSTER]

many of the newly insured were "sicker than expected" and suddenly started using their benefits. Who could have possibly seen that coming?

Deliberately built-in "adverse selection".