Monday, February 23, 2015

Health Care Success for Midwest Co-op Proves Its Undoing - NYTimes.com

Health Care Success for Midwest Co-op Proves Its Undoing - NYTimes.com: "Her insurer, CoOportunity Health, was one of 23 nonprofit cooperatives created under the Affordable Care Act to generate more competition and choice in insurance markets dominated by huge for-profit companies. Many of these newcomers to the industry, seeded with hundreds of millions of dollars in federal loans, struggled to attract customers after the law’s online insurance exchanges opened in 2013. But CoOportunity had seemed to flourish, with over 120,000 customers in Iowa and Nebraska — far more than the 15,000 it had anticipated — by the end of last year."

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