Gov. Quinn welcomes health insurance 'co-op'

Published on NewsOK Modified: December 25, 2012 at 3:05 am •  Published: December 25, 2012
Advertisement
;

CHICAGO (AP) — Illinois Gov. Pat Quinn is welcoming the news that a nonprofit organization plans to offer health insurance in the state starting in 2014.

The new nonprofit — called Land of Lincoln Health — announced last week it is applying for a state license and has received a $160 million federal loan to begin operations.

In a statement Monday, Quinn called the announcement "another positive step to provide the people of Illinois more choices" in health care.

President Barack Obama's health care overhaul law created a category of insurance carriers called Consumer Operated and Oriented Plans, or "co-ops."

Land of Lincoln Health was incorporated by the Metropolitan Chicago Healthcare Council. It's the first co-op in Illinois to receive approval from the U.S. Department of Health and Human Services.



Trending Now


AROUND THE WEB

  1. 1
    Bartender Returns $200 She Stole 15 Years Ago
  2. 2
    Study: Most US Teens Can't Read Their Own Pay Stubs
  3. 3
    It's official. It's true. Rosie's coming back.
  4. 4
    Slurp, munch freebies for a week at 7-Eleven
  5. 5
    Dwyane Wade is the biggest loser of the NBA offseason
+ show more