Ohio

13 Of 23 Co-Ops Created Under Obamacare Have Failed

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Ali Meyer – Ohio’s InHealth Mutual co-op announced last week that it is going out of business, making it the 13th co-op to fail out of the 23 that were created under Obamacare.

The Ohio Department of Insurance asked to liquidate the company, saying that the company was in a “hazardous financial condition.” The co-op served nearly 22,000 consumers who now have 60 days to find another policy offered by another company on the federal exchange.

“Our examination of the company’s financials made it clear that the company’s losses would prevent it from paying future claims should its operations continue,” said Ohio Director of Insurance Lt. Gov. Mary Taylor. “Under Ohio law, we acted with certainty to protect the consumers.”

The company recorded an underwriting loss of $80 million in 2015 despite the $129 million in taxpayer-backed loans granted to the co-op by the federal government. InHealth Mutual was also placed under “enhanced oversight,” one of three tools the Department of Health and Human Services has to monitor co-ops in financial distress. When a co-op is placed under enhanced oversight, it means the company is consistently underperforming and allows the department to give detailed and more frequent reviews of the loan recipient’s operations and financial status.

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What America Lost When Dennis Kucinich Lost

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John Nichols (Common Dreams) | Reader Supported News | March 7 2012

ClevelandOhio Congressman Dennis Kucinich, a two-time presidential candidate who for the past decade has been the most consistent critic of war and militarism in the U.S. House of Representatives, was defeated Tuesday in a Democratic primary that pitted him against fellow progressive Marcy Kaptur.

Kucinich was the first electoral victim of the current round of redistricting, which saw congressional districts redrawn in states across the country after the 2010 Census. A Republican governor and legislature carved up northern Ohio districts with an eye toward eliminating at least one Democratic seat, and they achieved their goal by forcing Kucinich and Kaptur into the same district.

That district favored Kaptur and, after a hard-fought race she prevailed by a 56-39 margin, with the remainder going to a third candidate.

Though the race in Ohio’s 9th District received scant attention compared with the Republican presidential contest in the state, the result will have national consequences.

A Congress without Dennis Kucinich will be a lesser branch. It’s not just that the loss of the former leader of the Congressional Progressive Caucus will rob the House of its most consistent critic of wars in Iraq, Afghanistan and Libya, and one its steadiest critics of corporate power.

Kucinich has since he arrived on the Hill in 1997 been one of a handful of absolutely engaged members. When issues have arisen, be it domestic or international, low profile or high, Kucinich has been at the ready – often with the first statement, the strongest demand and the boldest plan.

A master of parliamentary procedure, and a Constitutional purist, Kucinich has given Democratic and Republican congressional leaders their share of headaches. And he has been more than willing to break with Democratic and Republican presidents on matters of principle. But even as he frustrated the most powerful players in Washington, Kucinich won an enthusiastic base of supporters who backed him for the Democratic presidential nominations in 2004 and 2008.

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Shouldn’t Americans Repair America’s Infrastructure?

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By Jim Hightower | Nation Of Change
November 7 2011

Listening at last to his inner FDR, President Barack Obama is going straight at the Know-Nothing/Do-Nothing Republicans in Congress.

At a rally in September on a bridge connecting Rep. John Boehner’s state of Ohio to Sen. Mitch McConnell’s state of Kentucky, Obama challenged the two GOP leaders to back his plan for repairing and improving our country’s deteriorating infrastructure. “Help us rebuild this bridge,” he shouted out to Boehner and McConnell. “Help us rebuild America. Help us put this country back to work.”

Yes, let’s do it!

However, in addition to the usual recalcitrance of reactionary Republican leaders, another impediment stands in the way of success: many of the infrastructure jobs that would be created could end up in China.

Holy Uncle Sam! How is this possible?

It’s due to a trap door that was built into the Buy American Act. This 1933 law gives preference to U.S. companies bidding on major infrastructure projects. However, it allows the general contractor to opt out of this requirement if the difference in U.S. and foreign bids is significant. This is no theoretical concern, for it’s already happening.

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