Eight ObamaCare Co-Ops Failed; Are 11 More On The Way?

Investor's Business Daily ^ | 10/20/2015 | John Merline

[IBD editorial writer]

Last week, the total number of failed ObamaCare-created insurance co-ops reached eight, as co-ops in Colorado and Oregon announced that they were closing doors at the end of the year.

[petercooper]

Collapse baby!

[Iron Munro]

[Qiviut]

Now we learn that 11 of the remaining 15 co-ops could be at death's door too, but the administration is hiding information about their health.

Democrats exempted the co-ops from disclosure rules that apply to publicly traded corporations.

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EVERYTHING about this this administration and THEIR law stinks.

[basil]

Biggest boondoggle of the century!

Hey, obammy: KEEP YOU HANDS OFF MY MEDICAL CARE!!!

I have and pay for my own health insurance, thank you very much…….Those that can’t afford their own, that is what welfare if for.

You have taken the best system in the world, and are doing everything you can thnk of to ruin it!

BUTT! OUT!

[Gipper08]

for later

[PGalt]

Perhaps Planned Parenthood can take them over and sell the parts for a profit.

DEFUND socialist collectives, foreign and domestic.

[pepsionice]

If you look at what we have today....it was all designed for successful failure, and to lead us in a decade to single-payer. The cost business of the current design...will simply make health insurance beyond the normal family within just a couple of years.

[thirst4truth]

Too late, they are in and there really is nothing we can do about it. Because the ones running this country are exempt from the fabulous law they enacted on the rest of us. So when we share our nightmare stories of pain and suffering under this new law, they call us all liars and say those stories are not true. Even the medical profession and the insurance companies are screaming about this law, the lawmakers are just sitting there with their fabulous health insurance policies that have not changed one bit, calling the doctors, the insurance actuaries and all the citizens liars. Even my own representative, when challenged about his Obamacare exemption, for him and all the other government employees, called me a liar said it was not true.

We are completely and utterly screwed with this law and it will never be repealed.