Insurance nonprofit planned to compete with private insurers under health care act

[guruoo]

Insurance nonprofit planned to compete with private insurers under health care act

* By Carly Harrington
* Knoxville News Sentinel
* Posted May 4, 2011 at midnight

HealthCare 21 Business Coalition plans to seek a federal loan that will allow it to create a nonprofit health insurance company run by consumers.

The Consumer Operated and Oriented Plan, included in recent health reform legislation, supports the development of these health cooperatives, which will sell qualified health plans through state insurance exchanges and the individual and small-group insurance markets. "We will apply and intend to win that process," said Jerry Burgess, president and CEO of HealthCare 21.

The announcement was made Tuesday at HealthCare 21's annual Health and Productivity Forum held at the Crowne Plaza hotel in downtown Knoxville. The day-long forum drew more than 400 human resource and benefits managers and other health care professionals.

...

The CO-OP would compete with private insurers but not be run by government. And it would operate on a statewide basis and utilize an integrated-care model.

http://www.knoxnews.com/news/2011/may/04/insurance-nonprofit-planned/

[Cleita]

1. Actually, this should be done wherever you can get

enough people together to do a coop. It might be the only way to cover everyone until real universal health care under a single payer plan can be achieved.

[Overseas]

2. Looks interesting.

[socialist_n_TN]

3. Better than what we've got anyway........

However... MEDICARE FOR ALL!

[mountainlion55]

4. YES!!

Medi-care for all.Cut out the middleman!:smoke:

[EC]

6. Even Repubs I know agree

that we should just get rid of the middleman..that there is absolutely NO good reason for insurance companies...they are just added cost via CEO's and additional administrative costs.

[RC]

5. Like Blue Cross/Blue Shield started out as?

Let us work for Single Payer instead. This sounds like a backdoor to be used at some future time to me.

non-profits are still private, they just don't pay the taxes.

[guruoo]

7. This will hopefully help people to survive long enough to make it to a single payer system

Which will still be some years down the road, IMO