Montana's Health Co-op remains standing as others falter

By The Associated Press
Posted 11:01AM on Saturday 12th August 2017 ( 11 months ago )

HELENA, Mont. (AP) — The Montana Health Co-op resumes accepting new enrollees on Sunday after withdrawing from the state's health insurance exchange last year amid worries about its financial health.

Chief Executive Officer Jerry Dworak asserts that the co-op is in position to absorb all 64, 000 Montanans who buy policies from the state's health insurance exchange.

About two dozen co-ops sprang up, from Maine to Oregon, with the passage in 2010 of the Obama administration's health care law.

But within two years, half of the programs folded because of political attacks, financial miscalculations and the volatility of the marketplace.

Montana's co-op, which also serves Idaho, is now just one of four that remain.

It enrolls 20,000 of the 64,000 people who purchase individual plans on the exchange, which includes Blue Cross and PacificSource.

In this Friday, Aug. 11, 2017 photo Montana Health Co-op President Larry Turney chats Friday with chief external affairs officer, Ronda McMillan, at the co-op's offices in Helena, Mont. The health care co-op begins accepting new enrollees Sunday, Aug. 13, 2017, after voluntarily withdrawing from Montana's health insurance exchange to stave off insolvency. The Montana Co-op is just one of four health care co-ops that survives, among the 23 that sprung out of the Obama administration's Affordable Care Act. (AP photo/Bobby Caina Calvan)

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