Thursday, October 29, 2015

OBAMACARE: Wheels Slowly Falling Off The Socialized Healthcare Train...Billions Wasted » 100percentfedUp.com

OBAMACARE: Wheels Slowly Falling Off The Socialized Healthcare Train...Billions Wasted » 100percentfedUp.com:

"Just ten days ago we described the latest unintended  consequence of the Affordable Care Act known as Obamacare, when Colorado’s largest nonprofit co-op health insurer and participant in that state’s insurance exchange, Colorado HealthOP, announcing it was abruptly shutting down ahead of the November 1 start of enrollment for 2016, forcing 80,000 Coloradans to find a new insurer for 2016.

It wasn’t the first: the Colorado co-op was at least the fifth in the nation to collapse. Similar nonprofit insurers have already failed in Louisiana, Iowa/Nebraska, Nevada and New York. A health insurance cooperative in Tennessee announced this week that it would stop offering new policies."



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