19-10-2015 22:17 via denver.cbslocal.com

Colorado Health Insurer Unsuccessfully Challenges Closure

DENVER (AP) – Colorado’s largest nonprofit health insurer went down swinging Monday, trying but failing to challenge a state decision to close it because of precarious finances.
Colorado HealthOP, a nonprofit insurer set up under the federal health care law, unsuccessfully challenged the decision in a closed-door, two-hour hearing.
Colorado HealthOP was told Friday by the state Division of Insurance to stop writing new policies. The announcement was a death knell for the largest comp
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