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Keyword: coloradoexchange

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  • Obamacare's Latest Casualty: Largest Health Insurer On Colorado Exchange Abruptly Collapses

    10/16/2015 3:41:56 PM PDT · by smartyaz · 53 replies
    Zero Hedge ^ | 10/16/15 | Tyler Durden
    With the mainstream media, at least the majority that is left of center, flooded with story after story touting Obamacare's success, the news coming this morning from Denver that Colorado's largest nonprofit health insurer and participant in that state's insurance exchange Colorado HealthOP is abruptly shutting down, forcing 80,000 Coloradans to find a new insurer for 2016, was a slap in the face for the Obama administration's crowning achievement. According to AP, the health insurer announced Friday that the state Division of Insurance has de-certified it as an eligible insurance company. That's because the cooperative relied on federal support, and...
  • MILLION DOLLAR HEIST: Audit Of C4HCO Shows Major Mismanagement Of Funds ( Colorado ObamaCare)

    01/12/2015 1:59:16 PM PST · by george76 · 17 replies
    ColoradoPeakPolitics ^ | December 8, 2014
    Rep. Dan Nordberg, the author of last year’s audit bill, had this to say in a statement: “With only a limited performance audit, the state auditor found Connect for Health Colorado committed numerous federal law violations, and nearly 40 percent of sampled contracts had problems totaling more than $32 million dollars. “Sadly, I am not surprised. I have had ongoing concerns about how Connect for Health Colorado was managing tax payers’ funds, which is why I pushed so hard last year to expand the auditor’s oversight of this organization. I hope Democrats will see the light and support my efforts...