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14th Obamacare co-op collapses
Washington Examinter ^ | 7/5/16 | Robert King

Posted on 07/05/2016 7:47:01 PM PDT by Nachum

Connecticut's taxpayer-funded Obamacare health insurer will close due to minimal federal funding, becoming the 14th consumer-operated and oriented plan to shut down.

The state's insurance regulator took over HealthyCT, the state's Obamacare co-op, on Tuesday due to financial problems. The co-op, created to spur more competition on Obamacare's marketplaces, is the 14th out of 23 nationwide to shut down since they were created in 2014.

Now only nine co-ops remain.

The state's insurance regulator already flagged HealthyCT for needing more scrutiny, but it had enough money to "remain solvent for the foreseeable future," according to the notice from the regulator.

(Excerpt) Read more at washingtonexaminer.com ...


TOPICS: News/Current Events
KEYWORDS: obamacare
#CrookedObama
1 posted on 07/05/2016 7:47:01 PM PDT by Nachum
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To: Jet Jaguar; NorwegianViking; ExTexasRedhead; HollyB; FromLori; EricTheRed_VocalMinority; ...

The list, Ping

Let me know if you would like to be on or off the ping list

http://www.nachumlist.com/


2 posted on 07/05/2016 7:48:08 PM PDT by Nachum (ISIS is alive... and Chris Stevens is dead)
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To: Nachum

Other than the undisputed title of Most Corrupt and Incompetent Individual Ever To Occupy The White House, obama’s only signature act is obamacare - which is clearly a national disaster.


3 posted on 07/05/2016 7:53:54 PM PDT by Jack Hammer
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To: Nachum
...becoming the 14th consumer-operated and oriented plan to shut down.

Why isn't that old slut Pelosi volunteering money from her wallet to keep it open!! It's her baby!!

4 posted on 07/05/2016 7:56:34 PM PDT by Mr Apple (everyone needs go to the polls in Nov .....or we'll be outvoted!)
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To: Mr Apple

Glad it is failing so early. Otherwise they would blame it on Trump.


5 posted on 07/05/2016 7:58:48 PM PDT by MtnClimber (For photos of Colorado scenery and wildlife, click on my screen name for my FR home page.)
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To: Nachum

HealthyCT Is not healthy.


6 posted on 07/05/2016 8:08:08 PM PDT by Flick Lives (TRIGGER WARNING - Posts may require application of sarcasm filter)
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To: Mr Apple

Actually, Ophonybamacare is the dusted off and reformatted product of another old slut whose name has been in the paper of late!

Remember HillaryCare?


7 posted on 07/05/2016 8:08:41 PM PDT by Taxman ((H. L. Mencken correctly observed: Government is actually the worst failure of civilized man.))
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To: Nachum

And the rates of failure/closure will only increase as the “smart money” gets out of the game.


8 posted on 07/05/2016 8:39:20 PM PDT by Strac6 (Instead of fancy pants America always looses "diplomacy", why not just call the 1/11 ACR first?)
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To: Nachum

This is just absolute madness. Obama is an abysmal failure just like ObamaCare and the rest of the Federal government.


9 posted on 07/05/2016 9:33:40 PM PDT by Crucial
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To: Nachum

This is just like Hillary’s e-mails. It does not matter how bad, how wrong, how inefficient, how expensive Obamacare is. It is his signature legislation and it has the full power of the US Treasury, massive government debt, our completely fiat currency and the Federal Reserve money printing behind it.

Its not going anywhere.


10 posted on 07/05/2016 9:38:40 PM PDT by PGR88
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To: MtnClimber; Taxman
Otherwise they would blame it on Trump.

Yes, excellent point!

11 posted on 07/05/2016 10:14:59 PM PDT by Mr Apple ( I don't know who's more of a Walrus ....Hillary Clinton, Julie Rogensky or Liz Chadderdon?)
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To: Nachum

“Forseeable future” is an oxymoron.


12 posted on 07/05/2016 10:37:48 PM PDT by goldbux (When you're odd the odds are with you.)
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To: MtnClimber

It’s GWB’s and Trump’s fault, don’t you know, dems can do no wrong, they can even kill on TV news and get away with it.


13 posted on 07/06/2016 3:55:07 AM PDT by GailA (A politician that won't keep his word to Veterans/Military won't keep them to You!)
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To: Mr Apple

I have real problems with people calling Nazi Pelosi a slut. Being a slut requires having qualities that make you desirable, at some level, to men. Pelosi has no such qualities. Prostitutes, however, especially those at the lowest levels, do not need to be desirable, just available.


14 posted on 07/06/2016 4:06:39 AM PDT by Lee'sGhost ("Just look at the flowers, Lizzie. Just look at the flowers.")
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To: Lee'sGhost
Pelosi has no such qualities.

lol

15 posted on 07/06/2016 6:38:13 AM PDT by Mr Apple (Everyone must go to the polls in Nov .......or we'll be Outvoted!)
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To: Nachum

Thanks for the ping bump!


16 posted on 07/06/2016 11:44:55 AM PDT by TEXOKIE (We must surrender only to our Holy God and never to the evil that has befallen us.)
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