Joel C. White, president of the Council for Affordable Health Coverage, and Grace-Marie Turner, president of the Galen Institute, have written to members of Congress seeking oversight of the Consumer Operated and Oriented Plan (co-op) program. All but one of the 22 co-ops created under the Patient Protection and Affordable Care Act (ACA) have produced negative net income, despite $2.4 billion in … [Read more...] about Letter to Congress Re: Co-Ops
Overview The Affordable Care Act created a new kind of “cooperative” health insurance arrangement heralded by supporters of health reform. The co-ops were founded on the idealistic belief that community members could band together to create health insurance companies that would be member-driven, service-oriented, and would not have to answer to shareholders or turn a profit. But the 23 co-ops … [Read more...] about ObamaCare Co-ops: Cause Célèbre or Costly Conundrum?
MONTPELIER – During the past decade, Vermont has spent $675 million setting up Medicaid managed-care programs but has done such a spotty job monitoring them that they can’t even be audited. That’s the upshot from a letter state Auditor of Accounts Douglas Hoffer sent to lawmakers last week. It followed up on an internal report in January by the Agency of Human Services detailing gaps in answers … [Read more...] about Auditor: Little monitoring of Medicaid spending