Most ObamaCare co-ops have now failed
Only a third of ObamaCare co-ops are still in operation after two more co-ops announced they were closing their doors in the past week.
Connecticut’s co-op, HealthyCT, was placed under an immediate order of supervision on July 5 after being forced to pay $13.4 million for the Affordable Care Act’s risk adjustment program.
The Centers for Medicare and Medicaid Services initially awarded HealthyCT $75.8 million in June 2012, then awarded it $3.8 million in November 2013 and $48.4 million in September 2014.
Read the full article: Fox News