Feds propose co-op rule worth billions
from Medpage Today
The Department of Health and Human Services has released proposed rules to implement a consumer operated and oriented program, calling for nearly $4 billion to start nonprofit, member-run health insurance companies. Co-ops were once a central focus of the Affordable Care Act, but were pushed out of the spotlight by more controversial matters. The final healthcare reform bill allocated just $6 billion for the program, which is a small slice of the total ACA. This proposed rule would make $3.8 billion available in federal loans to assist with the operation of co-ops in every state.
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