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In Conn., a co-op success story

 

 

Health-insurance cooperatives created under the Affordable Care Act have been failing left and right.

But there’s at least one big success story, in Connecticut — Healthy CT, an insurance co-op started with doctors from the Connecticut State Medical Society.

It used a slow start  — thus not  a huge number of claims to pay right off the bat — and consumer outreach to survive.

So, NPR reported, the co-op soon “had more back-office experience, more time for consumer outreach and, it turns out, a more competitive price. As a result, his company went from 3 percent of the market share to 18 percent.”

 


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