"Families in New Jersey have just been gut-punched and the last thing that Washington should do is force these CO-OP victims to pay Obamacare’s individual mandate."

U.S. Senator Ben Sasse, who today introduced the CO-OP Consumer Protection Act to protect Americans who lost their health plans due to Obamacare’s failed CO-OPs, issued the following statement regarding New Jersey’s CO-OP failure, the 17th in the nation.

"Families in New Jersey have just been gut-punched and the last thing that Washington should do is force these CO-OP victims to pay Obamacare’s individual mandate. This started in Nebraska and Iowa and has been a catastrophe for countless Americans. The CO-OP Consumer Protection Act would save CO-OP victims — moms and dads in New Jersey and the 16 other states — from Obamacare’s individual mandate."

Background:

Today, Health Republic Insurance of New Jersey announced it will shut down at the end of this year. This is the 17th Obamacare CO-OP to fail, starting with CoOportunity in Nebraska and Iowa. 

Hours earlier, Senator Sasse introduced the CO-OP Consumer Protection Act. This legislation repeals Obamacare’s individual mandate for anyone who purchased insurance from one of Obamacare’s failed CO-OPs.