“For the Obamacare co-ops, the administrative cost per policyholder are more than six times that for insurance companies.
So much for cost savings.”
But not to worry, all of them will be out of business shortly! They are the Solyndra’s of the Healthcare debacle with their signature waste, fraud and theft of funds.
It’s just lucky that the so-called “public option” got pared down to co-ops.
With the co-ops, we’re only going to lose a few billion, rather than hundreds of billions and counting.