The coming year will likely continue to be a tumultuous year for health care providers, suppliers, and payers, as they adapt to meet new challenges and market forces, particularly in light of the open questions as to the viability and continued existence of the Affordable Care Act (ACA) and recent comments made by members of the incoming Trump administration.
USA, Healthcare & Life Sciences, Insolvency & Restructuring, IT & Data Protection, Foley & Lardner LLP, Medicare, Affordable Care Act 2010 (USA)
The Iowa Commissioner of Insurance (the “Commissioner”) filed a petition, on January 29, 2015, seeking to liquidate CoOpportunity Health, Inc. (“CoOpportunity”), a Consumer Operated and Oriented Plan (“CO-OP”) established under the Affordable Care Act (“ACA”) that has sold health insurance on the Iowa and Nebraska Exchanges.
USA, Healthcare & Life Sciences, Insolvency & Restructuring, Insurance, Foley & Lardner LLP, Affordable Care Act 2010 (USA)