CHICAGO ? 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.
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Source: http://www.daily-chronicle.com/2012/12/26/gov-quinn-welcomes-health-insurance-co-op/a6foq6s/
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