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So sorry, that’s not covered

Monday, October 26, 2015 9:21

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(Before It's News)

Regular readers already now that struggling South Carolina CO-OP Consumers’ Choice Health has hit the skids, and that Wyoming’s WINHealth was in serious trouble.

Turns out, WIN has really lost:

“The Wyoming Department of Insurance said it is going to court to try to put [the] struggling health insurer … into receivership.”

Small wonder: they lost some two-and-a-half million dollars in the first half of this year alone, and of course got stiffed on the risk corridor cash it was counting on. Gee, might be a lesson there….

Oh, some 8,000 Cowboy State residents set to lose the insurance they (presumably) liked.

It’s almost like they were lied to.

Source: http://insureblog.blogspot.com/2015/10/so-sorry-thats-not-covered.html