Ohio shutting down state's Obamacare nonprofit co-op InHealth – claims paced $3M per week

Columbus Business First ^ | May 26, 2016 | Carrie Ghose

[LibertyOh]

Ohio is the latest state to lose its nonprofit co-op health insurer created under an Affordable Care Act after a Franklin County judge on Thursday appointed the Ohio Department of Insurance as receiver of InHealth Mutual to take control and liquidate the company.

Policies are still in effect as of now for its 21,800 members, mostly with individual coverage, but the state said they likely have 60 days to choose another plan on the federal Health Insurance Marketplace or risk losing federal subsidies.

[LibertyOh]

Policyholders can actually maintain coverage through the end of the year, but will have to pay the tax penalty for purchasing what was a compliant plan that will now be non-compliant because Ohio has assumed responsibility but with a $500k cap per policy.

[Shady]

It is imploding, right on schedule...

[Liz]

The half caste signs to H/Care Bill

Pelosi was orgasmic----wait a sec, where's Harry's hands?

[packrat35]

What is it with that grin of Pelosi?

[bicyclerepair]

Control freaks love gaining more control.

[Pollster1]

Most of the people who voted for free stuff and then accepted free stuff will not be smart enough to understand what they need to do. They will be fined for buying something too good to be true, and I will celebrate that outcome. Their scheme to steal from taxpayers is not working out for them any better than it worked out for their taxpaying victims.

As a bonus, many of them have what they call insurance but cannot get actual medical care. Again, it serves them right for participating in a corrupt scheme.

[Original Lurker]

Ohio is rapidly becoming an overwhelmingly, nut-case state.

A double-minded man is unstable is all of his (her, in this case) ways.

[Liz]

She must be nutsy-cuckoo.

[Parley Baer]

Kasich is going to be saddened by the news. He thought it was great.

[UCANSEE2]

Biden: "Do you like Gladiator movies ?"

[Liz]

ROTFL....good one.

[rarestia]

Isn’t this exactly what they wanted? They want it all to be single-payer. Now they’re forcing people to go on the “federal” exchanges, which means the government controls the rates. Sick.

[DAC21]

Who's the double chinned dope with the Lloyd Christmas haircut in the back row of that Obama Failed Care signing photo? Maybe a Kennedy clansman?

[Whenifhow]

Ohio Ping

see poster’s comment and #12

Policies are still in effect as of now for its 21,800 members, mostly with individual coverage,...

[Liz]

Yeah...that’s Patrick Kennedy...he quit the Congress.

[Shady]

Exactly correct. Let’s hope we can hold the line until Obama’s successor is sworn in. (Trump)