HealthyCT – a nonprofit health insurance plan set up under the president’s signature health care reform, is one of 23 original Obamacare co-ops and the 14th to fail since they began selling their health insurance plans on the Obamacare exchanges.
Contents: Doctors prepare to strike UK’s National Health Service; Veterans’ medical services continue to worsen since 2014 scandal; Obamacare prices skyrocketing in 2016, as I predicted in 2009; Kentucky’s new governor Matt Bevin promises to end Obamacare abuses; Four more Obamacare co-ops collapse in the last week; Obamacare ‘risk corridors’ are also collapsing financially
Consumers Mutual Insurance of Michigan has announced it will be winding down its operation prior to 2016, making it the twelfth Obamacare co-op to fail this year.
On Friday the Arizona Department of Insurance placed Meritus Health under supervision, which prevents the insurer from renewing or issuing new policies. Meritus Health is the 11th Obamacare Co-Op to fail in 2015.
Arches Health, an Obamacare Co-Op, was put in receivership Tuesday by the Utah Insurance Department. Arches is the 10th Obamacare Co-Op to close its doors this year.
Sen. Ben Sasse announced Monday that he intends to block confirmation of all Health and Human Services (HHS) nominees until the Obama administration provides “transparent accounting” of Obamacare’s failures regarding the CO-OP health insurance program.
Now that ObamaCare is failing in the exact way its critics predicted more than 5 years ago, the White House is preparing to use threats to increase ObamaCare enrollment numbers next year. The threat, of course, is the ObamaCare tax.
Contents: Criminality and fraud in Veterans Administration and Obamacare; Britain’s National Health System (NHS) faces existential financial crisis; Summary of Obamacare findings
