Forum Post: non-profit member-owned health insurance co-ops
Posted 13 years ago on Oct. 7, 2011, 11:46 a.m. EST by ToriAlexander
(32)
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One of the issues that seems to divide the OWS protesters is health care reform. For many healthy uninsured people, a good policy would cost as much as a mortgage or monthly food bill. It's not wonder they don't want to have insurance. We currently don't have the option of buying a cheaper catastrophic illness insurance policy through a member owned co-op. The small insurance co-op has been driven out of business by the collusion between big insurance and the gov't. If we are forced to buy insurance, there will be even more dollars going to the HMO monopolies that have CEOs that get big bonuses and stock holders who profit. If we are to be forced to buy insurance, then let us have free-market insurance and let us have the option of buying into member-owned non-profit insurance co-ops. And/or let hospitals sell major medical coverage policies directly to the consumers, cutting insurance companies out completely. We do need some kind of compromise plan to bring the progressives and the libertarians together on this issue.
See http://prescriptions.blogs.nytimes.com/2009/08/17/so-whats-a-health-insurance-coop-anyway/ and http://cciio.cms.gov/programs/coop/index.html (Note, interestingly, that as of 2010 a "co-op" is "consumer operated and oriented plan" but NOT "consumer owned" http://www.commonwealthfund.org/Publications/Testimonies/2011/Jan/Collins-Coop.aspx )