“Competition is good for the consumer in terms of cost and quality. For that alone, the co-op notion or concept ought to be applauded,” said Dr. Eli Adashi of Brown University.
One Year After Obamacare’s Implementation, Taxpayer-Funded Co-Ops Struggle to Survive
After receiving $2.5 billion in taxpayer dollars from the federal government, the vast majority of nonprofit insurance companies created under the Affordable Care Act recorded losses in revenue, an analysis by The Daily Signal found.