ACA Government Co-Ops: Is This Experiment Working In Your State?
- Thread starter AllenChicago
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HealthRisk
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CMS might but some states knew better. I applaud Vermont for not giving the co-op licensure because they it was unsustainable.
Keep in mind state law supposedly trumped federal law with respect to insurance regulation via the McCarran-Ferguson Act.
- Thread starter
- #183
- 8,448
As I've stated...ad nauseam in this thread, the Government doesn't give a $hit how many people get hurt by the Co-op debacle.
Ref: Feds are 'exploring options' on ObamaCare co-ops | TheHill
Some of the remaining co-ops are now encountering major backlash from the Medical Community in those states. Doctors and Hospitals don't want to accept patients with a health insurance co-op, which may end up leaving them with huge unpaid medical bills at some point. There was always this concern, but with escalating failures, and almost half of the 23 co-ops going/gone, it's now more than a "concern".
Ref: Feds are 'exploring options' on ObamaCare co-ops | TheHill
Some of the remaining co-ops are now encountering major backlash from the Medical Community in those states. Doctors and Hospitals don't want to accept patients with a health insurance co-op, which may end up leaving them with huge unpaid medical bills at some point. There was always this concern, but with escalating failures, and almost half of the 23 co-ops going/gone, it's now more than a "concern".
In case your color blind, let me categorize them for you:
Alive, dead, or dying?
Is that CO-OP dead? Or alive but dying? | LifeHealthPro
Interesting take Allen. I could see the backlash.
Alive, dead, or dying?
Is that CO-OP dead? Or alive but dying? | LifeHealthPro
Interesting take Allen. I could see the backlash.
- Thread starter
- #185
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The co-ops are dropping so fast that they can't even keep that map up-to-date. It shows Utah's as "still functioning", but it announced its withdrawal 2 days ago. When I linked to it in an earlier post, it still had the South Carolina co-op functioning.
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- #187
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Those 2014 numbers are now far worse, because the first 6 months of 2015 expenditures have been revealed. (See Somarco's post, page 13, post #121 in this thread)
- Thread starter
- #189
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Somarco, be sure to get a free Obamacare eye exam before your next drivers license renewal. Just a helpful tip from a friend!
- 10,830
According to that LifeHealthPro article, we have wasted $1.072 Billion so far on failed Co-Ops. We have a little over another Billion tied up in the rest. It looks like about 5 or 6 are in serious danger of failing after 2016 without significant solvency "loans" (handouts).
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