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New health insurance CO-OP receives permission to sell insurance
IBR Staff//June 16, 2014
The nonprofit Mountain Health CO-OP has received permission from the Idaho Department of Insurance to start offering health insurance coverage this fall.
Karen Early, a spokeswoman for the Eagle-based Mountain Health CO-OP, said the company will offer coverage in the open enrollment period that begins Nov. 15, for coverage that begins Jan. 1.
Mountain Health CO-OP is a new health insurance company formed through the Affordable Care Act in an effort to increase the number of players in areas that were seen as lacking competition in the health insurance market. Mountain Health CO-OP started in Montana.
The Montana CO-OP has offered coverage on that state’s health insurance exchange for a year. It has enrolled more than 12,000 Montana residents, nearly half of them through the exchange, Early said.
“The idea of a health insurance CO-OP isn’t just to make health insurance more affordable,” said Jerry Dworak, the CEO of Mountain Health CO-OP. “Any profits we make go back to our members in better coverage, lower prices and better care.”
