To: amihow
Be careful what you ask for, you just might get it. Have a look at this non-profit, that’s now in receivership:
http://minutemanhealth.org
44 posted on
10/12/2017 10:49:05 AM PDT by
bobcat62
To: bobcat62
Sure. Happened Cal. BCBS also. Deliberate get your $ and run.
State oversight, protections for whistleblowers should help. Lots better than for profits.
50 posted on
10/12/2017 11:17:01 AM PDT by
amihow
To: bobcat62
Obamas health insurance regulators used the ACA as the basis for setting tight restrictions on CO-OP funding and operations. A CO-OP, for example, could not be owned, or partly owned, by any existing health insurer, and its member owners could never sell the CO-OP. The sale restriction made using a CO-OPs assets as loan collateral impossible.
From a news article discussing the failure of many of the CO-OP insurance groups, like the ones Trump is attempting to expand.
Obama and the Democrats WANTED these types of insurance providers to fail, so that their customers would be FORCED onto the Obamacare roles - that bumps the Obamacare role numbers, and removes competition for the Obamacare mandated, state-controlled insurance plans.
If Trump and his Administration loosens the DEATH-GRIP that was wrought by the Obama Admin, then I think these CO-OPs can work.
91 posted on
10/13/2017 6:32:11 AM PDT by
ExTxMarine
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