More than 1 million Americans enrolled in consumer operated and oriented plans known as CO-OPs over the past 18 months during which average premium rates in states with these nonprofit alternatives to commercial carrier options were found to be lower than those without such plans.
Health insurance CO-OPs have built on their significant early progress, and the proof is in the large increase in the number of lives they are now covering, according to Dr. Martin Hickey, chair of the National Alliance of State Health CO-OPs board and president and CEO of the New Mexico Health Connections CO-OP. These numbers are further evidence that CO-OPs are making a real impact on the health insurance marketplaces in their states an impact that goes well beyond enrollment numbers. Indeed, health insurance CO-OPs are driving innovation, competition and affordability across the country.
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