1 result for search: Bob Jennings


News Briefing for Friday, February 20th, 2015

HEALTHCARE: Obamacare's Co-Ops: A Bigger Scandal Than Solyndra? “The decline and bankruptcy of insurance co-ops conceived by Obamacare is being trumpeted as another emblem of the law’s many failures. But the fiasco speaks to a much more parochial flaw that animates progressive PGR -0.15% views on healthcare. The co-ops aren’t dying only because they were hastily constructed, or poorly managed. Their disaster is far more willful and deliberate. They meant to lose money. Last year, the co-ops made a big bet. While private plans were raising their premiums for the second year of Obamacare, the co-ops proposed sharp cuts. Liberal policy makers ...