Tough Going for Health Co-ops

Date: Wednesday, September 16, 2015
Source: The New York Times

Late last month, the Nevada Health Co-op became the third casualty among 23 insurance start-ups created under the federal health care law to inject competition for coverage in certain parts of the country.

Set up as nonprofits with consumer-led boards, the co-ops were designed to provide affordable insurance coverage to individuals and small businesses. They were intended under the law to offer alternatives and hopefully cheaper prices to the plans sold by large established insurance companies in some regions.

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