Co-ops Discover the Challenges of Starting an Insurance Business

Volume 93, Issue 2, 2015 (Op-Ed) Just before Christmas 2014, the Iowa insurance commissioner took over the management of CoOportunity Health, the Iowa-based health insurance co-op serving Iowa and Nebraska, because of an inadequate amount of cash on hand, and ordered its liquidation in January. Because this means the likely loss of the $145 million…

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