YOU CAN KEEP YOUR DOCTOR, YOU CAN KEEP YOUR PLAN: Unless your Obamacare co-op goes bust, as have 14 of the 23 established at a cost of $2.4 billion in 2011. Many of the co-ops going under, reports the Daily Caller News Foundation Investigative Team’s Richard Pollock, lack insurance to pay patient and care-provider claims in the event of bankruptcy.
Among the uncovered is New York’s Health Republic, the largest of the Obamacare co-ops, which got $265 million from the government to launch. Sara Horowitz, Health Republic’s founder, worked with Obama years ago at a left-wing New York activist group.
Twenty percent of the doctors treating Health Republic customers are now owed $100,000 or more. Odds are they won’t even get pennies on the dollar. You can keep your doctor … if you happen to run into him or her in the Obamacare health insurance poor-house now under construction.