Officials with some of the remaining 11 Obamacare insurance startups say they need more help to remain viable, and that help wouldn't need congressional approval.
So far, 12 taxpayer-funded Obamacare consumer oriented and operated plans (co-ops) have shut down. To ensure that more don't meet the same fate, officials said the federal government needs to tweak its rules to help the remaining co-ops raise capital and market their plans.
The comments came during a hearing conducted by the House Energy and Commerce Committee's oversight and investigations subcommittee. It is the second hearing in three days on the co-ops, which were created to add competition on the Obamacare exchanges.Read more on WashingtonExaminer.com