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Failure of ObamaCare co-ops demonstrate the need for business basics

Failure of ObamaCare co-ops demonstrate the need for business basics

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If only we could get profits out of the system, then things would work right.  That's what proponents of government-run health care often suggest. Yet ObamaCare's "co-ops" – including one in Massachusetts – are proving that health care must be run like a business, or it will run into the ground. The idea behind ObamaCare's co-ops (Consumer Oriented and Operated Plans) was that traditional insurance companies had failed to offer affordable products because they operate as for-profit companies. I

If only we could get profits out of the system, then things would work right.  That's what proponents of government-run health care often suggest. Yet ObamaCare's "co-ops" – including one in Massachusetts – are proving that health care must be run like a business, or it will run into the ground. The idea behind ObamaCare's co-ops (Consumer Oriented and Operated Plans) was that traditional insurance companies had failed to offer affordable products because they operate as for-profit companies. I…