Yet as they touched down in Denver for a pair of meetings with CMS officials, the co-op CEOs held out hope. The CO-OP program was already built to fail, co-op executives, former CMS employees and others close to the process told SNL, thanks to a combination of partisan politics and government mismanagement. What could have been one of the more innovative concepts to emerge from the ACA was fast becoming a taxpayer-backed albatross. The risk corridor payments would at least stave off a complete collapse and quiet the growing belief that the Obama administration that birthed the CO-OP program five years ago was now quietly trying to kill it.
Read Full Article »
