Tax-exempt health insurance carrier planned for state
The Missouri Foundation for Health has donated $500,000 to help with the development of a new tax-exempt health insurance carrier for small employers and individuals in the state.St.
Louis-based not-for-profit consulting firm The Mission Center hopes to launch the Missouri Community Healthcare Co-Op by January 2014. The Mission Center also is submitting an application to the Centers for Medicare and Medicaid Services for low-interest loans for as much as $50 million to launch the co-op, according to a news release from The Mission Center.
Small businesses and individuals face the greatest hurdles in finding affordable coverage from for-profit companies. The co-op hopes to lower costs and improve coverage for entities that struggle to access coverage.
See on www.columbiatribune.com
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