Colorado HealthOP, Largest Health Insurer On State Exchange, Collapses

<p>&nbsp;(AP Photo/Brennan&nbsp;<span data-scayt-word="Linsley" data-scayt-lang="en_US">Linsley</span>)</p>
<p>Colorado HealthOP workers in Denver hand out literature and juice shots in this March 2014 photo.</p>
Colorado HealthOP workers hand out literature (AP file)
Colorado HealthOP workers in Denver hand out literature and juice shots in this March 2014 photo.

Colorado HealthOP announced Friday that the state Division of Insurance has de-certified it as an eligible insurance company. That's because the cooperative relied on federal support, and federal authorities announced last month they wouldn't be able to pay most of what they owed in a program designed to help health insurance co-ops get established.