New York's Obamacare co-op in really bad shape

By Robert King, Robert King

Published December 20, 2015

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Things are so bad at a taxpayer-funded Obamacare insurer in New York that it has to shut down early, forcing thousands of consumers to get a new plan earlier than expected.

New York regulators shut down Health Republic of New York in September. The co-op said it won't offer plans in 2016, but more than 200,000 people would continue to have coverage until Dec. 31.

Now those people have until Nov. 30 to find a new plan or risk losing coverage.