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Health Insurance Company Failure Raises Questions

Health Insurance Company Failure Raises Questions

Photo: WNAX


CoOportunity Health seemed to have a bright future, insuring 120-Thousand residents of Iowa and Nebraska. Yet, it amassed 150-Million dollars in liabilities and the Iowa Insurance Commissioner moved to liquidate it.
Nebraska Congressman Adrian Smith has written the Secretary of Health and Human Services, asking why it collapsed.

CoOportunity Health was one of 23 nonprofit coops created under the ACA. Their fate is uncertain.

Those now without coverage must find insurance through another company.

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