Health insurance nonprofit doesn’t make it into the exchange

Health insurance industry news federal government

The federal government provided the organization with millions in low interest loans, but it didn’t meet the requirements. A nonprofit organization based in Westerville, Ohio, was the recipient of almost $130 million in low interest loans from the federal government, in order to assist it in developing health insurance plans that would provide consumers with additional choices while shopping on the state exchange to purchase their coverage for 2014. However, the group did not manage to complete all of the requirements to be able to sell coverage in Ohio. The…

Read More