Co-ops tipped for healthcare success
Co-operatives are tipped to boom followingthe US Supreme Court approval of Obama’s healthcare reforms
The Affordable Care Act introduces co-operatives that are state-based purchasing groups for health insurance. They can either buy risk or self-insure using captives, giving the group the opportunity to make profit.
Karin Landry, managing partner of Spring Consulting Group, believes that co-ops will be very popular under the reforms.
“Co-ops are starting to take off,” said Landry. “In Massachusetts we already have a couple, which is a frontrunner in terms of implementation of co-ops. There’s only a handful in the country: one in Wisconsin, one in Maine,” she adds.