Obamacare’s 13th Co-Op Is Closing. Why More Could Follow.
Already, 13 of Obamacare's 24 co-ops have closed their doors. As insurers prepare to submit rates to states, more could shutter.
By Heritage Foundation --Melissa Quinn—— Bio and Archives--June 2, 2016
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Obamacare’s 13th co-op announced it’s closing ahead of the 2017 open enrollment period, and more of the nonprofit insurers could follow suit in the coming months.
Ohio’s InHealth Mutual announced late last week it would be closing its doors after the state’s Department of Insurance requested to liquidate the insurer.
As insurers prepare to submit proposed rate changes to the government ahead of the next open enrollment period, it’s likely Ohio’s co-op won’t be the last to close its doors.
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