Another Obamacare co-op folds
Finding out what’s in it: Another Obamacare co-op folded today, the second to do so this week and the 15th out of the original 23 to fail.
Oregon’s Department of Consumer and Business Services (DCBS) announced Friday that it is taking over the insurer, known as Oregon’s Health CO-OP, and will liquidate the company. The plan’s 20,600 enrollees will be forced to find new health insurance, with their plans ending on July 31. The state will hold a special sign-up period to allow these enrollees to find new coverage.
Do not be surprised if most if not all of the remaining 8 co-ops also shut down in the next year. Do not be surprised if we also see the failures of several private for-profit insurance companies as well.
Too bad no one predicted these failures, except for every Republican in Congress as well as conservatives and tea party activists across the country.
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Finding out what’s in it: Another Obamacare co-op folded today, the second to do so this week and the 15th out of the original 23 to fail.
Oregon’s Department of Consumer and Business Services (DCBS) announced Friday that it is taking over the insurer, known as Oregon’s Health CO-OP, and will liquidate the company. The plan’s 20,600 enrollees will be forced to find new health insurance, with their plans ending on July 31. The state will hold a special sign-up period to allow these enrollees to find new coverage.
Do not be surprised if most if not all of the remaining 8 co-ops also shut down in the next year. Do not be surprised if we also see the failures of several private for-profit insurance companies as well.
Too bad no one predicted these failures, except for every Republican in Congress as well as conservatives and tea party activists across the country.
Please consider donating to Behind the Black, by giving either a one-time contribution or a regular subscription, as outlined in the tip jar below. Your support will allow me to continue covering science and culture as I have for the past twenty years, independent and free from any outside influence.
Your support is even more essential to me because I keep this site free from advertisements and do not participate in corrupt social media companies like Google, Twitter, and Facebook. I depend wholly on the direct support of my readers.
You can provide that support to Behind The Black with a contribution via Patreon or PayPal. To use Patreon, go to my website there and pick one of five monthly subscription amounts, or by making a one-time donation. For PayPal click one of the following buttons:
If Patreon or Paypal don't work for you, you can support Behind The Black directly by sending your donation by check, payable to Robert Zimmerman, to
Behind The Black
c/o Robert Zimmerman
P.O.Box 1262
Cortaro, AZ 85652
Sitting at my desk, open a letter from my healthcare provider, Oxford.
*Important notice*
Oxford Health plans, NY, inc. (OHP) is leaving the individual health insurance market in 2017.
What a pain in the ass!
“Too bad no one predicted these failures, except for every Republican in Congress as well as conservatives and tea party activists across the country.”
From Obama’s and the Democrats’ point of view, to paraphrase Douglas Adams: No one predicted these failures – at least no one worth speaking of.