CMS Announces 7 CO-OP Loans, Including 1 in Iowa

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Today CMS  awarded seven loans under the Consumer Oriented & Operated Plan (“CO-OP”) Program.  The CO-OP Program provides low-interest federal loans to qualifying non-profit cooperatives to establish health insurance for cooperative members.  One of the  loans was made to Midwest Members Health, a cooperative sponsored by the Iowa Institute, who applied to offer insurance within Iowa and Nebraska.   More information on the awards  is available at http://www.healthcare.gov/news/factsheets/2012/02/coops02212012a.html

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