A 12th Obamacare co-op has decided to close its doors after receiving more than $71 million in taxpayer-funded loans and enrolling more than 25,000 consumers in health insurance.

Consumers Mutual Insurance of Michigan and the state Department of Insurance and Financial Services announced their decision to wind down the co-op’s operations last week, bringing the total number of closed co-ops initially created under Obamacare to a dozen.

The consumer-operated and oriented plan, or co-op, first posted an announcement on its website notifying consumers it would not be selling health insurance on the federal exchange, HealthCare.gov.

The announcement foreshadowed the nonprofit insurance company’s decision to shutter, as the Obama administration told Congress last week that it kept co-ops with questions regarding viability off of the federal exchange.

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