CHICAGO (AP) -- Illinois Gov. Pat Quinn
is welcoming the news that a nonprofit organization plans to offer health
insurance in the state starting in 2014.
The new nonprofit -- called Land
of Lincoln Health --
announced last week it is applying for a state license and has received a $160
million federal loan to begin operations.
In a statement Monday, Quinn called the announcement "another
positive step to provide the people of Illinois
more choices" in health care.
President Barack Obama's health care overhaul law created a category of
insurance carriers called Consumer Operated and Oriented Plans, or
Land of Lincoln Health was incorporated by the
Metropolitan Chicago Healthcare Council. It's the first co-op in Illinois to receive
approval from the U.S. Department of Health and Human Services.