One of the bright spots in the otherwise beleaguered landscape of nonprofit health insurance co-ops doesn't look so bright anymore.
Less than four months after announcing soaring enrollment in its plans, Meritus Health Partners, an Arizona co-op offering plans on the Obamacare exchange, says it will be closing shop at the end of the year. The nonprofit insurer simply isn't getting enough money from premiums to cover its claims.
The group's attempts to find other financial backing have also come up short.
Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.
Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Critical BenefitsPRO information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
- Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events
- Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
Already have an account? Sign In
© 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.
