Governing
Related: Arizona health insurance co-op taken out of marketplace
Health-care co-ops had the odds stacked against them from the beginning.
They were created by President Obama’s health law as a public, non-profit alternative to major insurance companies to keep premium prices down and prevent monopolies in the marketplace. Each state was supposed to have its own co-op, but because of limited funds, only 23 launched. And not only has Obamacare itself been under attack for years, the co-ops were killed and revived several times during the fiscal cliff talks and sequestration budgets in 2013.
