Comment: Co-Ops were supposed to increase competition and lower costs. But just when you thought it couldn’t get worse, you realize you’ve wayyyy underestimated the Gruber side of The Force. May the Gruber be with you.
“State regulators have gone through a process, to review and shut down co-op programs that were too weak to continue for another year,” he said. “… It explains why you saw a big bunch of them announce they were closing in October – because it was the drop dead [date]. If you’re going to pull the plug, October was the time to do it.”
Fate of ObamaCare co-ops uncertain after half collapse
By Brooke Singman Published November 28, 2015