Another Oregon ObamaCare failure.
If wasting 305 million taxpayer dollars on the failed Cover Oregon website wasnt bad enough, now we learn that another ObamaCare program has failed in Oregon. This story in the Eugene Register Guard details how the largest of Oregon's two ObamaCare health insurance co-ops, Health Republic, has failed. Even worse, the reason given is the real shocker: because their operating budget was almost entirely from the ObamaCare subsidy. This is a black mark against government subsidized health care (ala VA. Medicaid, Medicare failures) and is a chief reason why nine other co-ops have already failed around the US. And, to make matters worse, this HotAir story reveals how HHS is hiding the names of another 11 co-ops that are on life support from Congress! There will be more failures in Oregon with ObamaCare components as we go along after the effects of ObamaCare's full implementation takes effect. Stay tuned.