Three weeks ago we wrote a story about Obamacare’s health insurance cooperatives being in serious trouble.
Well guess what …
According to the Associated Press, Consumers’ Choice Health Insurance Co. – a South Carolina cooperative formed under Barack Obama‘s so-called “Affordable Care Act” – will not sell policies in 2016 due to its “financially hazardous condition.”
“I did not have the confidence that this company would be a viable entity throughout the entire year of 2016,” Ray Farmer, director of the S.C. Department of Insurance, told the wire service.
That means nearly 70,000 South Carolinians who were supposed to be covered by the coop will have to figure something else out.
Consumers’ Choice is the ninth Obamacare cooperative to go under across the country …
The federal government pumped billions of dollars in taxpayer loans into these coops, citing their “high probability of financial viability.”
Oops …
42 comments
“The federal government pumped billions of dollars in taxpayer loans into these coops, citing their “high probability of financial viability.””
lulz
?
This is only the tip of the iceberg.
Visited my dentist yesterday, he told me his monthly medical insurance for his staff has doubled to $4000.00, and he has a small staff, but a big ego and a great smile.
Anyone who thought Obamacare was supposed to be a viable, successful option is drunk on the Kool-Aide. When it totally tanks the Libs are going to throw their hands in the air and say well we just have to go single payer now.
Yeah, right, that’s why 17 million people have coverage. So a co-op failed. A private insurer will step in. I thought you liked private enterprise.
The Republicans need to make an issue of this disaster in their campaigning and be ready to supply a reasonable alternative.
That is why I haven’t been impressed with the Rs, all complaints, no plans, no actions.
If they would stop paying attention to the left and and play offense instead of taking the Dems and the MSM seriously and be on the defense on most issues, maybe they could make some headway..
The only alternatives I’ve heard out of them is the same old same old. Tax credits, health savings account and selling across state lines. Don’t believe any of those options are going to help out most people who can’t afford health insurance. Carson’s plan is nuts. He wants to do away with all govt healthcare (including Medicare and Medicaid) and replace it with health saving accounts which the govt would contribute $2000 a year for every person in the US.
That should of been done years ago. They need to learn how to compromise with others. They did it to themselves.
…to supply a reasonable alternative.
Hahahahahahaha!
“he has a small staff”
Nope, that one’s too easy.
I know, after I typed it, I recognized it was open for interpretation. That is why I added his more commendable attributes of ego and smile, did not want to sell him SHORT.
I don’t believe a word that you posted. Not sure what size his “small staff” is – How many employees was he covering for $2,000.000 per month and now doubled to $4,000.00 per month? Your post does not have the ring of truth to. I administer a small group health plan for our company and our premiums here in SC have not doubled – our annual premium increase this past year was about 7% (seven percent) – the smallest it had been in several years. I call you a liar – as I know from your previous posts on here that you would post ANYTHING in your little attempts to discredit President Obama. Liar.
BCBSSC grabs party hat.
BYOB&B —- as we used to post in elevators and bulletin boards for open parties when I was in DC
That’s — (Bring Your Own Booze and Broad)
(sigh) — those were some good times!
Tell us more. Tell us more Uncle Shifty!!!!
DC – ’61/’62 — I met a British girl who lived in an all-female apartment building, and there were also all-male apartment buildings. Parties going on all the time….
I loved DC, got to see everything important. Just to show how things have changed: My girl took the afternoons off for the last two weeks I was there and we did all the sights together. OK, we went to the White House and in about 30 minutes were inside on a tour!
There were weekend concerts on a barge docked down behind the rear of the Lincoln Memorial where we could sit on the steps, smooch, and enjoy great music!
We were never afraid to go anywhere at night — what a time, and paid for by MY COUNTRY..!!
Just about every weekend my buddies and I would visit the Washington Monument and would walk up and then walk down — boy, I wish I were in that shape again!
Then, when I was being transferred to the Mediterranean, the Navy “lost” me at Brooklyn Navy Yard for THREE WEEKS IN NYC..!! I was allowed every other night off and I found TIMES SQUARE..!! That was spectacular for a guy who left the exciting, jumping streets of Columbia in 1960. I had three weekends off and did all the major sights and tours (thanks again to MY COUNTRY!)
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All Right, Rocky, that’s enough bedtime stories for this Friday — sleep well tonight (don’t forget to share stories with Mrs. Rocky!)
Did you ever spend any time in Norfolk? People told me I would hate it before I went there. I absolutely loved it, once I arrived and figured my way around town.
Reminds me of a joke…
Do you know the difference between a pick pocket and a peeping-tom?
One snatches watches, the other one watches snatches.
I know, it is old and you have probably heard it.
Thanks, it’s one joke I had forgotten, but will add to my file. Yes, I was assigned to the USS Intrepid in Norfolk and had some great times, but I only went into town to catch the bus. Greyhound and Trailways each had a “military only” run that left Norfolk about 10:30 am on Friday and ended in (hallelujah”) — COLUMBIA. about 8 pm ..!! Sunday night they left Columbia about 5:30 pm on Sunday night and ended in (hallelujah!) the piers on the naval base — right to my front door at about 5:30 am just in time for reveille and breakfast..!! The cost for a round -trip was only $ 25.00 !! This was in 1964 Jan – Jun when I was separated. I was taking that trip three times a month to get to my German bride!
I hated Norfolk and each weekend went to the same bus station to take a ride to Port Authority station in NYC. I don’t remember the price but the year was around 1968/9. I was stationed on the USS Independence at the time and (physically) separated from my British wife and children. I arranged a swap on to another ship (USS Springfield) which was being forward deployed to Italy. Europe. After that, no more bus rides and no more Norfolk, until many years later.
good story….
Norfolk sucks, as does most of the rest of the Tidewater. Left there last October and now living in the wonderful world of the Outerbanks of NC.
Sorry you did not have a good time in Norfolk, I did. It is what you make of it.
Interesting – Mick Mulvaney posted about this on his Facebook today too. Deflection due to his promise last night, to write about the Benghazi “fact-based inquiry” led by his friend Gowdy.
FITS – and his gaggle of groupies – just shit their pants…but WHO told you so…?????
Ass-backward and ignorant is no way to run a country….but that’s what Obama is doing…
LMAO URSAAH ITYRGALDUYA
You’re like the cookie monster of feces.
I love it when you FAIL….because that just decreases your chances. Thank God…
**2ND REQUEST**
Please cease and desist from using our intellectual property to promote your bigoted views. We have been using that handle on Social Media since 2012 and claim it as a service mark. Further abuse of our service marks or other intellectual property will result in legal action being taken against you and your internet service provider.
Travel Agent Revolution
https://twitter.com/tarevolution
2012? You are predated by the user above, and it’s clearly provable. Therefore, legally, you are infringing upon his exclusive right to use the moniker.
You better hope he does not press the issue. It could lead to substantial embarrassment – and possible litigation- toward you for being so wreckless and imposing.
I’d take his case against you in a minute.
Dude you suck at this trolling stuff, give up already.
I hope they audit the place. No doubt it will show a trail of self-interest, fraud and abuse.
Another Liberal Democrat Give away goes under.Americans are stupid and or uninformed as I have said many times. With liberals leading you are always behind.
That’s right. Right wing Republican Giveaways never go under, well, almost never. For every Goldman Sachs there are 100 Monsantos and 1000 farmers getting paid to not grow things
You mistake “right-wing” for the RINO. The true “right-wing” beliefs are conservative beliefs. i.e. Gov’t doesn’t create jobs, the private sector does, etc.
No true conservative principles align with anything related to Goldman Sachs, and any other bailout. In fact, bailouts and chrony capitalism couldn’t be further from the conservative paradigm.
Well said.
The difference is, when government agencies “go under”, it’s tax payer money that has been lost
Doesn’t the “free market” give you the opportunity to fail as well? Even considering that in the “free market” thousands of companies are getting welfare from the govt also?
This co-co was rife with croneyism and fraud. I hope the FBI goes in early and throws the whole bunch in jail!
Ummmm…Kemosabe…the only “high probability” is that SC’s gutless House RINOs (only Jeff Duncan excluded) will get a decapitation next year
Yo…I-Lie-To-Conservatives-Joe Wilson—PrMick Mulvaney—Play Gowdy—Tom Lice Price—Mark Pinocchio Sanford—NONE of you has a prayer !!!