health co-op Archives - DesignHealth Benefit Advisors

A Health Co-Op Doing It Right

With news revolving around health co-ops that are closing their doors at the end of this year it’s nice to hear about one that are confident about keeping their doors open. U.S. Sen. Cory Gardner asked, “Has Colorado HealthOp been meeting its application projections, or has it been placed on boosted oversight by your agency?” A rather poignant questions, but one that has to be asked as yet another co-op in New York is ordered to stop writing new business and close its doors after current policies expire. A nice reprieve to the constant news of co-ops closing was Colorado HealthOp’s […]

Another Health Cooperative Bites the Dust

August 9, 2015 / Design Health / All Posts, Health Insurance, In The News

When the ACA passed in 2010 it included the creation of state based co-op’s. With very few choices in the marketplace 23 states created their own co-op giving a reprieve to consumers hoping to pay lower costs. Each of the co-op’s are start-up companies and are having to hedge their way in a market with several large carriers that have decades of market presence. Many of the co-ops have come in with lower costs to gain high enrollment for the first few years of opening the doors. A strategy that has worked against several co-op’s like Louisiana’s Health Cooperative (LAHC) which

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