WHEATON - Times are tough for Obamacare, and they’re even tougher for Illinois families.
Last week, the state announced the imminent closure of Land of Lincoln Health, a taxpayer-funded co-op created under Obamacare as an alternative to traditional health insurance providers. Land of Lincoln becomes the 16th co-op to collapse, leaving only seven of the original 23 still operating across the country. This co-op’s failure alone leaves American taxpayers holding the bag for over $160 million and 49,000 Illinoisans without healthcare coverage.
U.S. Representative Peter J. Roskam, Chairman of the Ways & Means Subcommittee on Oversight, is announcing his support for a proposal by Rep. Adrian Smith to provide an exemption from the individual mandate for the remainder of the calendar year for those who lose coverage because their co-op becomes insolvent.