One Year After Obamacare’s Implementation, Taxpayer-Funded Co-Ops Struggle to Survive

“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.

Melissa Quinn, --February 9, 2015

American Politics, News | Comments | Reader Friendly | Subscribe | Email Us


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.
Consumer Operated and Oriented Plans, or co-ops, are nonprofit insurance companies created by the Affordable Care Act. Though the concept is not new, 23 of these entities were created to foster competition in areas where few options are available. Now, CoOportunity, a co-op created to serve Iowa and Nebraska, will be liquidated. Some lawmakers question the viability of the remaining 22 co-ops. More...

View Comments
Heritage Foundation——

The Heritage Foundation is the nation’s most broadly supported public policy research institute, with more than 453,000 individual, foundation and corporate donors. Heritage, founded in February 1973,  mission is
to formulate and promote conservative public policies based on the principles of free enterprise, limited government, individual freedom, traditional American values, and a strong national defense.