Tag Archive: Democrats Knew Obamacare Co-Ops Would Fail

on November 21, 2015 in World News

Democrats Knew Obamacare Co-Ops Would Fail

Democrats Knew Obamacare Co-Ops Would Fail by Patrick Howley Top Democrats Knew in advance that Obamacare co-ops would fail, but did nothing to fix the problems in the bill before they passed it into law. Cooperative (co-op) health insurers are closing at a rate of 46 percent as presidential front-runner Hillary Clinton defends Obamacare on the campaign trail. The Obama administration created the co-ops to act as nonprofit insurers to compete against private insurance companies. The scheme was intended to drive down costs. Now, the co-ops are failing and taking billions of dollars in government loans with them. A video from… View Article

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