@CNNMoney
New failures are piling up among the member-run health insurance co-ops carrying out one of Obamacare's most idealistic goals, leaving just seven remaining when the health law's fourth enrollment season starts in the fall.
There were 23 in 2014.
The public knows them as co-ops. They're officially called consumer operated and oriented plans in the health law. Eleven are still in business, but four in Oregon, Ohio, Connecticut and Illinois will disappear by fall due to financial insolvency. Oregon's Health Co-Op and Connecticut's Healthy
CT were told to close by their state's regulators last week. Tuesday, the Land of Lincoln Mutual Health Insurance Co. in Illinois was ordered to close by state regulators.
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New failures are piling up among the member-run health insurance co-ops carrying out one of Obamacare's most idealistic goals, leaving just seven remaining when the health law's fourth enrollment season starts in the fall.
There were 23 in 2014.
CT were told to close by their state's regulators last week. Tuesday, the Land of Lincoln Mutual Health Insurance Co. in Illinois was ordered to close by state regulators.
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