During testimony before the House Ways and Means Health Subcommittee, Mandy Cohen, chief operating officer of the Centers for Medicare and Medicaid Services, told lawmakers why a number of co-ops have announced their closures in the last few weeks.

“If [consumers are] shopping in open enrollment right now, we wanted to make sure that they knew that the co-ops that remain in the marketplace were financially viable, can make it through the entire year,” Cohen said. “Our first priority was to make sure there wasn’t going to be a mid-year failure next year for any consumers. And that’s how we went about our decision-making. We played it very conservative in that way, which is why I think there’s been so much activity in the last several months.”

Since October 1, seven co-ops in Tennessee, Kentucky, Oregon, Colorado, South Carolina, Utah, and Arizona have announced they will not be selling insurance in 2016. Four more in Iowa, Louisiana, Nevada, and New York told consumers earlier this year they were shuttering.