After not one, not two, not three, but ten of the CO-OP organizations created by the ACA (and crippled from the get-go by being underfunded, not being allowed to advertise, not being allowed to arrange for additional funding and then having their sole lifeline cut off in the middle of the Open Enrollment period) melting down, you just knew that this was coming:
House Energy and Commerce Committee sets November hearing on ACA health co-op program
The House Committee on Energy and Commerce will hold a hearing on the Affordable Care Act's health co-op program in the wake of a string of collapses of consumer operated and oriented plans around the country, two sources familiar with the matter told SNL on Oct. 27.
The hearing will focus on the Centers for Medicare and Medicaid Services' administration of the program, which emerged out of the ACA as a way to inject additional competition into state health exchanges. It will also examine why several of the 23 co-ops were forced to wind down amid operational and financial difficulties. The Utah Insurance Department announced on Oct. 27 that Arches Mutual Insurance Co. would shut down, bringing the total number of failed co-ops to 10.
Kudos to reporter Adam Cancryn for breaking the story (along with the news about the Utah CO-OP, Arches Mutual Insurance, becoming the 10th one to fold).
I'm sure this House hearing will be just as serious about and successful at asking important, relevant questions and seeking the truth as, say, the recent Planned Parenthood and 73rd Benghazi House hearings were...