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Insurance Coop Shut Down

Insurance Coop Shut Down

Photo: clipart.com


A cooperative health insurance company set up under rules created by the federal health insurance law has been ordered to quit writing policies in Nebraska.
State Insurance Director Bruce Ramge sayd the Nebraska Department of Insurance suspended CoOportunity Health after the Iowa Department of Insurance took over the cooperative. . .


Ramge says CoOportunity could make a comeback, but it is unlikely. He advises customers to look for new coverage.

It has not received as much federal funding as expected. It covered about 40-Thousand Nebraskans.

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