In recent weeks people at all levels have been talking about the wonderful things health coops can do. For those of you unfamiliar with the concept, a health coop is in reality an insurance company owned by the policy holders. See the wiki article on health insurance cooperative for a short and fairly unbiased exposition of this concept.
Sounds good, right? On the surface, yes, but when one dips below the surface one finds some troubling things, not unexpected to anyone who knows anything at all about insurance theory.