Health Law’s Co-Ops Tinged In Red Ink, Govt. Audit Finds
The Associated Press reports that a new government audit finds these health insurance co-ops in many cases have failed to reach sign-up goals. And in Arizona, another hurdle for Medicaid expansion.
The Associated Press:
APNewsBreak: Gov't Finds Health Law Co-Ops Awash In Red Ink
Democrats fed up with the health insurance industry used President Barack Obama's overhaul to create nonprofit co-ops that would compete against entrenched corporations. Taxpayers put up $2.4 billion in loans to get the co-ops going. But a government audit out Thursday finds that co-ops are awash in red ink and many have fallen short of sign-up goals. (7/30)
The Associated Press:
Lawyers Prepare To Argue Over Arizona Medicaid Plan
Lawyers will argue over the constitutionality of Arizona's hospital "bed tax" Thursday in a case that could determine whether 350,000 residents remain covered under the state's Medicaid expansion. The case hinges on whether the assessment is a tax that should have been passed by a 2/3 vote in the state Legislature or a fee that can be passed by a majority vote. (Christie, 7/29)