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Senators Ask CMS for Information on Failed ACA CO-OPs, Question Accounting Methods
Committee on Finance, U.S. SenateLink to more items from this source
Nov. 3, 2015
In a letter to CMS, the Senators include the following requests: "[1]  Has CMS pursued any remedies for the recovery of funds from terminated CO-OPs? If not, what steps will CMS take to recoup losses from CO-OPs that appear unlikely to repay their loans?.... [2] Please provide all information related to the process by which CMS conducts oversight of the CO-OP program ... [3] Please describe CMS's interaction with state insurance regulators in identifying CO-OPs performance issues ... [4] The 'window shopping' site is out of date and shows consumers incorrect information, even listing CO-OPs that are no longer in existence. What CMS official is responsible for updating the site, and why does CMS continue to provide consumers with false information?"

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