Obamacare continues to unravel all on its own as the Kentucky Health Cooperative, a non-profit co-op, will close its doors because the payment from the "risk corridors" mandated by Obamacare isn't enough to cover its massive losses. The Hill: That program was intended to protect insurers from heavy losses in the early years of the health law by taking money from better-performing insurers and giving it to worse-performing ones.  However, the Obama administration announced on Oct. 1 that the program would pay out far less than requested, because the payments coming in were not enough to match what insurers requested to be paid. Therefore, insurers only will receive 12.6 percent of the $2.87 billion they requested.  “It is with sadness that we announce this decision," the insurer’s CEO, Glenn Jennings, said in a statement. "This very difficult choice was made after much deliberation. If there were a way to avoid it and...(Read Full Post)