The Nevada Health Co-Op, created as part of ObamaCare, is closing down at the end of the year because of high costs. Participants will be covered through the end of 2015, but will have to choose another insurance provider when open enrollment begins in November.
Co-ops around the country are struggling. Regulators shut down one covering Iowa and Nebraska, while another in Louisiana says it plans to shutdown too.
This is classic Progressivism. You get what you pay for — and when you don’t pay for anything, but others do — you get nothing in return.