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ObamaCare Is Destroying The Co-Ops It Spent Billions Creating
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Yes it fits right into this Topic Area, Obama had Destroyed Thousands of Peoples Lives with his Promise of,, If You Like Your Doctor YOU Can Keep Your Doctor, If You Like Your Healthcare You Can Keep You Health Care! 
How many people lost their Doctor and Health Care?
Also, How many people lost their 40 hour a week jobs and became 24 Hour a Week Workers?
All Because Of Obama.

Now read this article and Learn What You or Someone You Know Voted Twice For.
All those Billions Of Tax Payers Dollars Wasted! OH, and let us Not Forget, Obama said this was Not A Taxe!
Funny, The IRS sure did Say It Was!

Quote:After providing $2.4 billion in loans to get them started, ObamaCare is now driving several nonprofit insurance co-ops out of business. That, in turn, will leave tens of thousands of people scrambling to find other insurance, while making it unlikely that those taxpayer-subsidized loans will ever be repaid.
Of the 23 co-ops that started operations in 2014, only 10 remain, after Oregon's second co-op announced on Friday that it was going out of business at the end of the month. By year's end, Connecticut's will be out of business as well.
Most of these co-ops that failed last year simply weren't financially stable. But the recent spate of co-op failures is being driven by ObamaCare itself.
Because insurers operating in Obamacare exchanges are banned from pricing policies based on a person's health status, the government had to create an elaborate "risk adjustment" program to protect insurers who get stuck with too many sick people, by taking money from insurers that signed up mostly healthy ones.
The problem is that many of the remaining — and already financially vulnerable — co-ops just found out that they owe millions to this program.
Yes again People will be losing their health care.
Quote:Oregon's Health Co-Op, for example, had expected to get $5 million in risk adjustment payments this year, only to learn that it owed $900,000. That's despite the fact that the co-op lost more than $18 million last year.
Source
Finish reading the article and feel sick,,, all those people with out health care, all that money wasted.
With the Thousands of People left without Healthcare and with the Tax Payers losing Billions of Dollars, Obama should be Impeached!
Once A Rogue, Always A Rogue!
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ObamaCare Is Destroying The Co-Ops It Spent Billions Creating - by guohua - 07-11-2016, 11:16 PM

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