Free Republic

Minuteman Health has drawn down $100 million in federal loans in anticipation of continued losses from the Affordable Care Act. The Massachusetts co-op insurer, which also operates in New Hampshire, will report the draw down and a second-consecutive year of operating losses as part of its fiscal 2015 financials. Minuteman officials said the borrowings are needed to offset certain components of Obamacare, which financially punish insurers for doing the very things the federal law was intended to address: to provide affordable health insurance to previously uncovered segments of the population. What ObamaCare's architects didn't anticipate, and what local insurers are...