House lawmakers are angry that one of the last taxpayer-funded Obamacare plans wants to move to for-profit status, saying that the millions of dollars provided in startup loans were meant to go to nonprofits.
Republican leaders of the House Ways and Means Committee wrote to the Obama administration and the Maryland consumer-oriented and operated plan Evergreen Health, which wants to become a for-profit health insurer. The lawmakers want the plan to repay the money it was given by the administration if it no longer meets the terms of its loan requirements with the federal government.
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