Another Day, Another Failed Obamacare Co-op
16th October 2015
Colorado’s Obamacare co-op will shut down. The announcement comes just two days after Tennessee’s Obamacare co-op announced it will also close. Colorado becomes the seventh co-op to have shut down this year, joining co-ops in Tennessee, Nevada, New York, Kentucky, Louisiana, and Iowa/Nebraska, leaving taxpayers on the hook for almost $835 million. Despite this taxpayer funding, the Centers for Medicare and Medicaid Services (CMS) has refused to release information about troubled exchanges, nor has it developed viability guidelines.