More Obamacare exchanges expected to fail
Finding out what’s in it: Eight of the remaining eleven Obamacare co-op exchanges are expected to default or go out of business before the end of the year, according to a new analysis.
Data compiled by TheDCNF based on the co-op 2015 annual reports suggest eight are likely to default and only four of them will be in business by year’s end. The co-op documents obtained by TheDCNF were annual reports filed before state insurance regulators. The reports must accurately depict the financial health of the co-ops and are current through the end of calendar year 2015. The annual reports became available to the public in mid-March.
More than half of the original 23 co-ops have already gone out of business, leaving hospitals and doctors with millions of dollars of unpaid bills.
Obviously, we must elect Clinton or Sanders, because they want to use the government to do more1
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Finding out what’s in it: Eight of the remaining eleven Obamacare co-op exchanges are expected to default or go out of business before the end of the year, according to a new analysis.
Data compiled by TheDCNF based on the co-op 2015 annual reports suggest eight are likely to default and only four of them will be in business by year’s end. The co-op documents obtained by TheDCNF were annual reports filed before state insurance regulators. The reports must accurately depict the financial health of the co-ops and are current through the end of calendar year 2015. The annual reports became available to the public in mid-March.
More than half of the original 23 co-ops have already gone out of business, leaving hospitals and doctors with millions of dollars of unpaid bills.
Obviously, we must elect Clinton or Sanders, because they want to use the government to do more1
Readers!
My annual February birthday fund-raising drive for Behind the Black is now over. Thank you to everyone who donated or subscribed. While not a record-setter, the donations were more than sufficient and slightly above average.
As I have said many times before, I can’t express what it means to me to get such support, especially as no one is required to pay anything to read my work. Thank you all again!
For those readers who like my work here at Behind the Black and haven't contributed so far, please consider donating or subscribing. My analysis of space, politics, and culture, taken from the perspective of an historian, is almost always on the money and ahead of the game. For example, in 2020 I correctly predicted that the COVID panic was unnecessary, that the virus was apparently simply a variation of the flu, that masks were not simply pointless but if worn incorrectly were a health threat, that the lockdowns were a disaster and did nothing to stop the spread of COVID. Every one of those 2020 conclusions has turned out right.
Your help allows me to do this kind of intelligent analysis. I take no advertising or sponsors, so my reporting isn't influenced by donations by established space or drug companies. Instead, I rely entirely on donations and subscriptions from my readers, which gives me the freedom to write what I think, unencumbered by outside influences.
You can support me either by giving a one-time contribution or a regular subscription. There are four ways of doing so:
1. Zelle: This is the only internet method that charges no fees. All you have to do is use the Zelle link at your internet bank and give my name and email address (zimmerman at nasw dot org). What you donate is what I get.
2. Patreon: Go to my website there and pick one of five monthly subscription amounts, or by making a one-time donation.
3. A Paypal Donation or subscription:
4. Donate by check, payable to Robert Zimmerman and mailed to
Behind The Black
c/o Robert Zimmerman
P.O.Box 1262
Cortaro, AZ 85652
You can also support me by buying one of my books, as noted in the boxes interspersed throughout the webpage or shown in the menu above.
Yowza… These “federally financed exchanges” appear to be nothing but money-laundering schemes for the favored-privileged. ( especially but not exclusively, the one in the Peoples Republic of Oregon, with apologies to the normal Oregonians.)
Hospitals, Doctors, & ancillary providers, get stuck with the bill, crony’s get richer, & the people forced into these “exchanges” are exactly the people the Left claims to want to help.
We are never going to figure out where all this money has evaporated, but we are however, going to be paying for it for years to come.