August 26, 2015
WASHINGTON, DC – Kelly Crowe, Chief Executive Officer of the National Alliance of State Health CO-OPs (NASHCO), made the following statement regarding the news that Nevada Health CO-OP will cease operations at the end of the year.
“The Nevada Health CO-OP made a responsible decision to cease offering plans after the end of the year based on the financial and marketplace realities it was facing in Nevada in the near future. It does not reflect the specific situation for all CO-OPs, who are helping to reshape the health insurance landscape across the country.
“The myriad challenges facing CO-OPs and many new entrants to the marketplace are well-documented, but we are still in the early chapters of a book that’s far from completed. NASHCO strongly believes that CO-OPs will continue their early progress in providing a new form of quality and affordable health insurance to those who need it most.”
Based in Washington, DC, the National Alliance of State Health CO-OPs is the trade association for non-profit health insurance CO-OPs. NASHCO was formed after the passage of the Affordable Care Act, and was designed to promote the development and success of health insurance CO-OPs. All current health insurance CO-OPs are members of NASHCO. In the last four years, NASHCO has hosted multiple conferences to bring together those interested in the innovations and member governance models of CO-OPs, including health care policy experts, administration officials and congressional staff, health care industry professionals, and employer groups and consumer advocates. For more information, visit nashco.org.