Obama ally got $340 million to set up health care co-ops

Posted by on Feb 22, 2013 at 10:08 am

A health insurance company headed by an old friend from President Obama’s days as a community organizer got a $340 million federal loan to establish Obamacare co-ops in New York, New Jersey and Oregon despite having a chronic record of consumer and regulatory complaints.

The New York-based Freelancers Insurance Company has been rated the “worst” insurer for two straight years by state regulators, and data compiled by a national insurance association show an extremely high rate of consumer complaints.

The firm was founded in 2008 by Sara Horowitz, who worked with Obama before his career in elective politics to launch Demos, a left-wing, New York think tank funded in part by George Soros.

Full story.

2 Responses to “Obama ally got $340 million to set up health care co-ops”

  1. Blue Hen on 22/22/13 at 11:52 am

    the dear leader handed out grants to a slum lord named Valerie Jarrett. And she tags along to DC. The dear leader is now handing out plums to one of the worst insurers.

    The Chicago Way.