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InsuranceBaru.blogspot.com Batting Averages, The Weather, Businesses & Obamacare Co-ops

In baseball game beingness successful three out of 10 times at the plate volition probable larn y'all into the Hall of Fame.

Influenza A virus subtype H5N1 meteorologist forecast projecting out 10 days is correct nigh 40% of the time


Start upward businesses - according to the SBA - arrive beyond the source yr 50% of the time

According to a Harvard study, novel businesses using corporation uppercase succeed 25% of the time.

So what nigh those non-profit, regime funded, contest enhancing, Obamacare Co-ops? You know, the newly formed "insurance companies" that would usage to a greater extent than contest together with strength the big bad insurance manufacture to play fair together with quit toll gouging with high premiums to pay fatty truthful cat CEO's together with shareholders fists amount of money.

Well, they are batting a whopping .174 - below the Mendoza Line. Of the 23 co-ops that genuinely got off the soil (there were 24 merely nosotros won't count the Vermont debacle) equally of 2018 alone 4 volition remain. One of them, Montana, took measures final yr to stop enrollment with concerns they wouldn't survive able to run into their fiscal obligations.

What's worse than the 17% success rate? That would survive the "venture capital" nosotros (taxpayers) gave Co-ops for start upward funds. Of the $2.4 billion low/no involvement loans given, the 4 remaining Co-ops received $402 1000000 - a loss of roughly $2 billion.

Yet regime wonders why nosotros don't trust them to survive expert stewards of our difficult earned money.

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