Gov. Quinn welcomes health insurance 'co-op' - Wandtv.com, NewsCenter17, StormCenter17, Central Illinois News-

Gov. Quinn welcomes health insurance 'co-op'

Posted:

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 "co-ops."

 

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.

Powered by WorldNow

904 South Side Drive
Decatur, IL 62521
Primary Phone: 217-424-2500
Primary Email: news@wandtv.com

All content © Copyright 2000 - 2014, WorldNow and WAND. All Rights Reserved. For more information on this site, please read our Privacy Policy and Terms