Regular readers already know that struggling South Carolina CO-OP Consumers’ Choice Health has hit the skids, and that Wyoming's WINHealth was in serious trouble.
Turns out, WIN has really lost:
"The Wyoming Department of Insurance said it is going to court to try to put [the] struggling health insurer ... into receivership."
Small wonder: they lost some two-and-a-half million dollars in the first half of this year alone, and of course got stiffed on the risk corridor cash it was counting on. Gee, might be a lesson there....
Oh, some 8,000 Cowboy State residents set to lose the insurance they (presumably) liked.
It's almost like they were lied to.
Turns out, WIN has really lost:
"The Wyoming Department of Insurance said it is going to court to try to put [the] struggling health insurer ... into receivership."
Small wonder: they lost some two-and-a-half million dollars in the first half of this year alone, and of course got stiffed on the risk corridor cash it was counting on. Gee, might be a lesson there....
Oh, some 8,000 Cowboy State residents set to lose the insurance they (presumably) liked.
It's almost like they were lied to.