Health insurance co-ops battling to stay viable are turning to litigation in an attempt to convince the Obama administration it needs to change the formula for spreading insurance risk among carriers.
Related: PPACA co-ops face uncertain future
Co-ops in New Mexico and Massachusetts joined a Maryland co-op in challenging the government’s risk adjustment formula that supposedly strikes a competitive balance between major insurers and the small players represented by the co-ops.
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Dan Cook
Dan Cook is a journalist and communications consultant based in Portland, OR. During his journalism career he has been a reporter and editor for a variety of media companies, including American Lawyer Media, BusinessWeek, Newhouse Newspapers, Knight-Ridder, Time Inc., and Reuters. He specializes in health care and insurance related coverage for BenefitsPRO.
