nHealth in Virginia is closing

  • Thread starter Thread starter Sgt. Baker
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Sgt. Baker

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2 year old health insurance company is closing it's doors because of the uncertainty of the health care legislation. Much of the regulations have yet to be written and with no way to plan for whatever changes it will need to make it is going to close it's doors.



http://www.politico.com/news/stories/0610/38194.html
 
I hate the health bill, but something is fishy with this story.

2 year old company worried about start-up costs?
 
They are a young startup company with little revenue. They cannot provide to their investors the security of their investment like they could 2 yrs ago.
 
they presented an investment one way to investors. they dont know how the new plan will affect their business and if they can meet the obligations to the people who already put money in.
 
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