Obamacare Co-Op Projects $39 Million Loss, Citing Problems With Risk Adjustment Program
Posted By Ali Meyer On March 22, 2017 @ 2:30 pm In Issues | No Comments
One of five health insurance co-ops that are still offering Obamacare plans this year projected a $39 million loss, citing challenges with Obamacare's risk-adjustment program.
Obamacare originally created 23 co-ops that received $2.4 billion in taxpayer-funded loans. Eighteen of the 23 co-ops have either gone out of business or are not offering Obamacare plans this year, with many citing financial losses.
Article printed from Washington Free Beacon:
http://freebeacon.comURL to article:
http://freebeacon.com/issues/obamacare-co-op-projects-39-million-loss-cites-problems-acas-risk-adjustment-program/
