14th Obamacare co-op collapses

Published



Connecticut’s taxpayer-funded Obamacare health insurer will close due to minimal federal funding, becoming the 14th consumer-operated and oriented plan to shut down.

The state’s insurance regulator took over HealthyCT, the state’s Obamacare co-op, on Tuesday due to financial problems. The co-op, created to spur more competition on Obamacare’s marketplaces, is the 14th out of 23 nationwide to shut down since they were created in 2014.

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