Note that this is not the state Obamacare exchange itself: Nevada Health Co-Op was set up to be a competitor to actual, honest-to-God insurance companies. Sixty-six million dollars of your tax money later, it’s blown up in the Obama administration’s face: “Nevada Health CO-OP, which launched in 2012 with two federal loans totaling $65.9 million, will shutter its operation and will not offer coverage for 2016.” Which means that anybody who signed up for a program with Nevada Health is going to get a special Christmas gift from the administration: several weeks of desperately trying to arrange new coverage during the holiday season! Yay! Continue reading Nevada Obamacare nonprofit (read: ‘subsidized’) insurer goes bankrupt.