Partner Kevin Fitzgerald was quoted in a Washington Examiner article, “Gov’t Faces Obstacles to Recover $1 Billion in Co-Op Money,” on November 5, 2015. The article discussed how more than half of health care startups, or co-ops, have failed under Obamacare and the tactics the Obama administration is using to recoup $1 billion in taxpayer money that was used to fund 12 insurance startups that have since folder. Fitzgerald discussed a hurdle the federal government faces with surplus notes and said, “The note is not counted as debt on a company’s ledger, but it can be paid only with explicit regulatory approval.”
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