Co-ops Near Financial Collapse?

Co-ops Near Financial Collapse?

Millions of Americans could be left without coverage as the result of financial collapses among 22 of Obamacare’s healthcare insurance co-ops.  “All but one of the co-ops,” S&P noted, “reported negative net income through the first three quarters of 2014.” These failing co-ops could result in thousands of individuals without insurance, similar to a co-op that defaulted earlier this year which resulted in 120,000 customers without insurance on Christmas Eve.

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