New health insurance co-op comes to in West Virginia

West Virginia Health Insurance

New insurance cooperative has won approval to operate in West Virginia A new insurance cooperative is preparing to make its entrance into the West Virginia market. The Kentucky Health Cooperative has received approval from the state’s Offices of the Insurance Commissioner and will be able to offer its health insurance products in West Virginia beginning in November of this year. The policies offered by the cooperative will go into effect on January 1, 2015. The co-op may bring some much needed competition to the state’s insurance market, encouraging other insurance…

Read More

Health insurance co-ops offer an alternative to exchanges

health insurance options

Health insurance co-ops are receiving little attention despite the benefits they offer Health insurance exchanges are receiving a great deal of attention throughout the U.S., but these marketplaces are not the only way for consumers to obtain coverage. Health insurance co-ops are another option that could offer coverage to consumers looking for affordable policies. These co-ops are generally non-profit organizations that are managed by their members, offering more consumer-oriented insurance plans than their counterparts in the private market. These co-ops have received relatively little attention when compared to exchanges. Co-ops…

Read More