Obamacare going broke

Yahoo: Nearly half of the 23 non-profit insurance plans created under Obamacare in 2011 at a cost of $2.4 billion have announced they will close by the end of the year.

Utah’s Arches Health Plan on Tuesday became the 10th health insurance co-op to announce that it was closing its doors. The move comes soon after the Obama administration’s decision on Oct. 1 to provide just 12.6 percent of the $2.87 billion that insurers were seeking to offset losses caused by unexpectedly high coverage costs

Italics mine.

The costs were high and expected, calculated and known by health experts for years.   Nor was the Kanosian, Obamacare fraud unexpected, experts knew the Pelosi had rigged an unworkable scam.