Hundreds of cancer patients who belong to a failed ObamaCare health insurance co-op could soon have no coverage for their continued hospital treatment, the New York Post reports.
Health Republic Insurance of New York, which has lost $130 million dollars in 18 months, was the only ObamaCare exchange insurer contracted with the Memorial Sloan Kettering Cancer Center in Manhattan.
250 Health Republic members receiving care at Sloan Kettering need to find a new insurer by November 15 that the hospital takes or prepare to shoulder the cost themselves. New York is forcing their carrier to close shop at the end of this month for losing so much money.
Under state law the Sloan Kettering patients are guaranteed 60 more days of coverage after their plan expires but that is it.