Another one bites the dust.
"A nonprofit health insurer in Ohio set up under ObamaCare is going out of business, regulators announced Thursday. It is the latest in a string of failures for 'co-op' health plans.
The Ohio Department of Insurance announced that the co-op, known as InHealth Mutual, will be shut down, forcing its nearly 22,000 enrollees to find other plans within the next 60 days.
Many of the [nationwide] co-ops have gone out of business. Just 10 of the original 23 will now remain.
Republicans have questioned how much of the $2.4 billion in government loans to the co-ops will actually be repaid, given that many of them have failed."
Ref: The Hill
Hmm, . . . how much of the $2.4 billion in government loans to the co-ops will actually be repaid . . .
DonDiego thinks he knows the answer.