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General Category => Editorial/Opinion/Blogs => Topic started by: rangerrebew on March 23, 2017, 02:29:53 pm

Title: Obamacare Co-Op Projects $39 Million Loss, Citing Problems With Risk Adjustment Program
Post by: rangerrebew on March 23, 2017, 02:29:53 pm

 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.com

URL to article: http://freebeacon.com/issues/obamacare-co-op-projects-39-million-loss-cites-problems-acas-risk-adjustment-program/