Obamacare Collapse Hurts Patients, But Mainstream Media Ignores THESE Victims

What the New York Times didn't cover was the other side of the story. They're quick to victimize people, but they're often lacking in details as to why.

Times readers learned nothing about the loss to providers. But David B. Caruso of The Associated Press writes:

The sudden collapse of the largest nonprofit insurance cooperative created by President Barack Obama's health care law is causing headaches in New York, especially for medical providers owed millions of dollars for treating the failed plan's patients.

More than 200,000 people insured through Health Republic Insurance of New York have until Monday to sign up with another company if they want to maintain coverage in December.

State regulators ordered the insurer to shut down at the end of the month because of severe financial problems. They are also investigating what they say were inaccurate financial filings by the company.

The closure — part of a wave of failures of the new co-ops nationwide — has been a big hassle for Health Republic policyholders, who have had to shop around quickly for alternative coverage.

The fall of Health Republic Insurance of New York has left more than 200,000 others panicking about what to do when their plans cease on November 30. This is just one of many closures nation wide. While the liberal media blames Republicans, it's important to remember that it was the Obama Administration that created the system in which this problem is even allowed to exist.

Source: americanthinker.com

Image: USNews



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