ObamaCare is here

[jsc]

http://www.washingtonpost.com/local/education/obama-administration-loans-638m-in-startup-money-for-health-insurance-co-ops-in-8-states/2012/02/21/gIQA92ipRR_story.html

And about halfway down in the following column, they are expecting a 40% failure rate:
http://www.kaiserhealthnews.org/Stories/2012/February/21/health-coop-cooperatives-federal-loans.aspx

 

[johnsonma]

http://www.washingtonpost.com/local/education/obama-administration-loans-638m-in-startup-money-for-health-insurance-co-ops-in-8-states/2012/02/21/gIQA92ipRR_story.html

And about halfway down in the following column, they are expecting a 40% failure rate:
http://www.kaiserhealthnews.org/Stories/2012/February/21/health-coop-cooperatives-federal-loans.aspx

Only 40%? That's a little above the average four year survival rate of private health sector start ups. Of course it could go past that failure rate in four years but if it maintains then I don't see the problem.

 

[jsc]

Only 40%? That's a little above the average four year survival rate of private health sector start ups. Of course it could go past that failure rate in four years but if it maintains then I don't see the problem.

The key words here are "private health sector startups" where people are risking their own money, not yours and mine.