Illinois co-op shuts down, leaving 7

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Another taxpayer-funded Obamacare insurance carrier has shut down due to a big bill from the federal government, the third in about two weeks to shut down, leaving one-third of the original group.

Illinois’ consumer oriented and operated plan shut down Tuesday, leaving seven out of the original 23 co-ops. The remaining co-ops have lost an estimated $1.7 billion in taxpayer funding in the form of startup and solvency loans.

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