Largest health insurer on Colorado exchange collapses

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http://www.9news.com/story/news/heal...ency/74050296/

Colorado HealthOP announced Friday that the state Division of Insurance has de-certified it as an eligible insurance company. That's because the cooperative relied on federal support, and federal authorities announced last month they wouldn't be able to pay most of what they owed in a program designed to help health insurance co-ops get established.

But it's working, really, we just need to believe.

We are losing our plan on 12/31 (Golden Rule). We will likely either be pushed into a more expensive group plan for small biz or an exchange plan. What I've noticed is that the exchange plans all seem to use the coinsurance model. Which means you need $$$ in your back pocket for care. I thought Zerocare broke down the economic barriers to care? Lulz.

ETA: Story made Zerohedge now...

http://www.zerohedge.com/news/2015-1...ptly-collapses