ACA Co-Op Watch: Another One Bites the Dust
27th September 2015
Another co-op created by the Affordable Care Act is going under—this time in New York. Health Republic Insurance of New York will join the three other ACA co-ops that have so far gone out of business. It’s a familiar story: The co-op offered some of the best premiums in New York, and those low rates meant that it did not take in enough money to cover the claims it had to pay out.
My, what a surprise! Aren’t you surprised? I’m sure surprised.
The Affordable Care Act: Making care less and less affordable since its inception.