In recent months, several nonprofit insurance plans that were created to compete with for-profit insurance plans under the Affordable Care Act have run into financial difficulties. Republicans and other critics of health care reform are cynically pointing to their problems as evidence that the whole reform effort is a waste of money that ought to be repealed.
They neglect to mention that the nonprofit plans, known as health insurance cooperatives, were created as a weak, underfunded alternative to a much stronger option that the Republicans blocked from passage.
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