they had little ability to diversify pricing and linklaen's risk across geographies and products are co-ops have none of their experience data to consider pricing. they work possibly -- pricing to load generating large enrollment and losing lots of money. uncertainty remains high for 2015 premium rates which have had to be filed in the summer of 2014 when the co-ops still had relatively little data to ask -- ask us claim experience in the adequacy of premiums. insurers must pose substantial capital to achieve the high solvency probability. economic literature stresses that insurers and other financial firms salton sea consensus depends on the amount of progress on the firm's values which could be lost for financial distress customers demand to insolvency risk and on external monitoring by lenders and other county parties. co-op's financial strength growth and potential for underpricing should have been a central focus from the programs inception great co-ops faced considerable pressure to capture market share. they had almost no private capital, no financial ratings and was likely ma