New health insurer to use $62 million loan for 'consumer-operated' coverage [Bangor Daily News, Maine]
August 11, 2012
SUMMARY:
Aug. 11-- A new consumer-run health insurer will begin selling policies to small businesses, families and individuals in Maine in 2014.. In March, the Maine nonprofit won a $62 million loan from the federal Centers for Medicare and Medicaid Services to develop the co-op and fund a reserve, or a pool of money dedicated to paying claims. Its aim is to give Maine...
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