health cooperatives News

Connecticut’s insurance commissioner announced Tuesday that nonprofit health insurer HealthyCT must be placed under state supervision to protect the company’s 40,000 policyholders. Commissioner Katharine Wade said HealthyCT’s financial condition has become “unstable,” “seriously jeopardized” by a recent $13.4 million payment …

Obamacare’s startup health insurance plans are flirting with financial distress, as all but five of the 23 nonprofit companies had negative cash flow from operations in the first three quarters of 2014, Standard & Poor’s said in a report today. …