The Warning Signs the Obama Administration Ignored About Failed Co-Ops, Senate Report Says
Deloitte Consulting evaluated loan applications and business plans submitted by a dozen now-defunct co-ops and expressed concerns about their financial future.
By Heritage Foundation Melissa Quinn—— Bio and Archives--March 11, 2016
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The Obama administration ignored warnings from a private consulting firm about the viability of nonprofit insurance companies created under Obamacare, which could ultimately cost the taxpayers $1.2 billion doled out in loans to 12 of the insurers.
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