Co Opps News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Is following the money. >> obamacare spent about $2.5 billion establishing health insurance cooperatives. customer-owned oo'onprofits designed to provide low-cost coverage. the affordable care act funded 23. only one has made money. 12 are closing. the government investment in the failed dozen? about $1.2 billion. now the chairman of the senate permanent subcommittee on investigations tells fox news his staff is probing failures. >> we're doing an investigation into what happened and why. when you have the federal government involved with start-ups at a time when the health care market is so u...

Effort to provide insurance, opportunities and options especially in states that did have a lot of insurers competing in the market. >> right. >> the government seeded them with some money and now five years later we're seeing that some of them are failing. look, when you start businesses in america at the fifth year, half of the businesses have closed. so the idea that some of these co-ones are going to work and some are should be expected. that's what business is about. the idea 100% will succeed is a false metric we don't hold the private sector to. the second thing is the rules have change...