The organizers of the new, nonprofit, member-owned co-op plans say the big, established carriers seem to be worried enough to try to squash them.
Dominant carriers in some states seem to be using predatory pricing strategies to drive rates unrealistically low, and carriers in at least 12 states seem to be re-enrolling customers in coverage in ways that could distort the public exchange risk pool in 2014, according to the National Alliance of State Health CO-OPs.
NASHCO — the trade group for Consumer Operated and Oriented Plans — made those allegations in a written presentation included in a materials packet prepared for the summer meeting of the National Association of Insurance Commissioners.
Continue Reading for Free
Register and gain access to:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Allison Bell
Allison Bell, a senior reporter at ThinkAdvisor and BenefitsPRO, previously was an associate editor at National Underwriter Life & Health. She has a bachelor's degree in economics from Washington University in St. Louis and a master's degree in journalism from the Medill School of Journalism at Northwestern University. She can be reached through X at @Think_Allison.
