Let me tell you what the New York CO-OP situation is, because you question our numbers or you have not looked at the numbers yourselves. This is how we got into that mess. It vastly overshot its enrollment targets while underpricing its…

HHS had authority and sole authority to be able to stop these disbursements when it became clear that the CO-OPs were not likely to be financially viable.

Yes. I mean, look, it was a lousy time to start a health startup in any category, and certainly in the insurance sector.

We are talking about $1.2 billion of taxpayer money that is going to be lost.

today I wish to honor the life of Shane N. Yates. Shane was the executive director of the Ohio Society of Association Executives. Shane had a fierce commitment to his organization and his profession. Shane had a relentless drive to serve…

earlier this afternoon we had a very strong vote here in the U.S. Senate to move forward on the legislation we are currently considering. It is called the Comprehensive Addiction and Recovery Act. It is legislation that is intended to make…

So to say that there is and was assurance objective standard for deciding when underperformance should trigger an enhanced oversight plan, that is not what we learned.

Well, Mr. Slavitt, with all due respect, you are a smart guy, why should we be having to give you numbers that are publicly available? Get the numbers yourself.

the reality is there are 700,000 consumers who now find themselves not just, again, dislocated, but some of them actually facing the possibility of paying twice, once for their premium and now for claims that were never paid to health care…

Well, again, there were plenty of tools, including the corrective action plans we have talked about and the enhanced oversight plans, short of even terminating.

Thank you, Senator Lankford. And, again, Dr. Harrington, thanks for your help on this, and your expertise has been helpful to us as we have gone through this report and tried to figure out how this could have happened.

I just think it is totally inappropriate for you all to say, as Mr. Slavitt just did, they did the best job they could with the information they had, and that somehow, this is just a problem with startups.