The House of Representatives has approved Congressman Adrian Smith’s CO-OP Consumer Protection Act that repeals Obamacare’s individual mandate for anyone who purchased insurance from one of the plan’s CO-OPs. It also applies retroactively to the Nebraskans and Iowans who lost their coverage when CoOportunity failed.
Smith addressed the need for the legislation on the House floor Tuesday noting he had heard from over 300 constituents about what a lapse in coverage might mean to them and the penalty they could be facing.
Smith says 17 of the 23 Co-OPs in the plan have collapsed and the six who remain are struggling. Senator Ben Sasse says he plans to introduce a companion bill in the Senate.