The Shuttering Of Health Republic Sends Ripples Through New York’s Insurance Industry

Health Republic was New York's only nonprofit insurance cooperative and the largest one established by the 2010 health law. Its demise leaves 215,000 people in need of a health plan. Meanwhile, another co-op, this one in Ohio, will be under "enhanced oversight" after reporting a loss of more than $9 million during the first six months of the year.