Obama Administration Paves Way for States to Bail Out Remaining Obamacare Co-Ops

(From The Daily Signal)

“CMS may try questionable, ad hoc methods to shore up the failing co-ops at the expense of taxpayers, but little is likely to change until the administration realizes their experiment is failing and reverses course,” Hatch said in a statement to The Daily Signal. “Instead, with this rule, the administration regrettably puts enrollment numbers ahead of financial viability and protection of scarce taxpayer dollars.”

Haislmaier agreed.

“It’s not clear this [rule] is going to make much of a difference,” he said. “First of all, there’s a bunch of [co-ops] gone. I think rightly people will be skeptical at the state level of throwing good money after bad if the perception for the few [co-ops] that remain is they’re in trouble.”

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