On the recordSeptember 27, 2016
A recent HHS-OIG report found that the remaining CO- OPs are becoming financially insolvent. They are looking as if they, too, are going to go the way of the others that have failed. Not only does the failure of CO-OPs waste tax dollars, it also leaves individuals in the lurch. I am pleased that this legislation is coming before us. It implements our committee's recommendation by ensuring that individuals who make a good faith effort to comply with the individual mandate are not further punished as a result of a CO-OP's failure.
