Here’s what you should know.
1. The government-funded health insurance company’s financial insolvency led to its closure.
2. The co-op insured 35,000 customers in 2016. It helped 26,000 of those customers find a new policy for 2017.
3. The remaining 9,000 customers purchased policies through the small employment market.
4. The co-op owes the federal government approximately $46.3 million.
5. With its permanent closure, more than half of the co-ops across the country have failed.
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