The new entity would be called HealthyCT and would become a consumer operated and oriented plan, or CO-OP, which is part of the Patient Protection and Affordable Care Act, the report said.
HealthyCT must file a full application with the Department of Health and Human Services by Oct. 17 to be considered a CO-OP. If completed, it would be in operation within the state’s health insurance exchange in 2014.
Related Articles on Health Insurance:
AHA Comments on Co-Op Proposed Rule
CMS Accepting Loan Applications for CO-OP Insurance Plans
HHS: Up to 40% of Health Insurance Co-op Loans Could Default
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.
