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Co-op

What is a Co-op in Healthcare?

A non-profit organization where individuals who are also owners of the company are the ones insured by the company. These cooperatives can be established at various levels, such as national, state, or local, and can involve member-owners from different sectors like healthcare providers and businesses. Co-ops may provide insurance options through the Marketplace.

Key Points:

  • Health Insurance Co-ops are member-owned, non-profit organizations that provide insurance coverage to their members.
  • They can encompass a variety of stakeholders, including doctors, hospitals, and businesses.
  • Co-ops often participate in the Marketplace, offering insurance options to individuals and businesses seeking coverage.
References

“Glossary.” HealthCare.gov, www.healthcare.gov/glossary/.

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