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July 8, 2016
The Obamacare mess #45 will inherit
We've posted before about the foreign policy and jobs challenges that the next president will face. Let's add Obamacare to that growing list of problems President Obama did not address – or, as they say, swept under the rug.
We got more bad news about the Obamacare exchanges, via The Daily Signal:
Another Obamacare co-op, Connecticut’s HealthyCT, is closing its doors, and at least two most could follow suit as the nonprofit insurers decide whether they will be able to remain on firm financial footing.
The nine remaining co-ops of the original 23 co-ops must make payments totaling at least $130 million through Obamacare’s risk adjustment program, which could damage their viability.
The Connecticut Insurance Department announced Tuesday that HealthyCT was placed under state supervision, leaving approximately 40,000 Connecticut residents to find new health insurance during the next open enrollment period.
HealthyCT is the...(Read Full Post)