1/9/2013
Although funding for future health insurance cooperatives was cut as part of the fiscal cliff agreement signed into law, the 24 health insurance CO-OPs that already have loan agreements totaling nearly $2 billion will not be affected by the new legislation. This includes the nonprofit CoOportunity Health, which received $112.6 million in loans to support startup and ongoing operations in Iowa and Nebraska.
CoOportunity Health continues to be focused on building an individual and small business product portfolio for Iowa and Nebraska residents and businesses. CoOportunity Health intends to sell individual and small business products both on and off the exchange, giving Iowans and Nebraskans new choices and options for health insurance. CoOportunity Health will be filing its products with the Iowa and the Nebraska Insurance Divisions this spring to sell in the marketplace on October 1, 2013, for January 1, 2014 effective dates.
For more information, visit www.cooportunityhealth.com.