The U.S. Department of Health and Human Services is holding a telephone conference call session aimed at parties that might want to start Consumer Operated and Oriented Plans (CO-OPs).
HHS officials plan hold a 1-hour CO-OP information call at noon EDT Wednesday.
The scheduled hosts are Richard Popper, director of insurance programs at the Center for Consumer Information and Insurance Oversight (CCIIO), an arm of HHS, and Barbara Smith, associate director of the CO-OP Program at CCIIO.
Popper and Smith will talk about the recent HHS CO-OP development funding procedures announcement.
HHS is offering low-interest loans to nonprofit groups that are eligible to start CO-OPs.
A provision in the Patient Protection and Affordable Care Act of 2010 is supposed to encourage nonprofit groups to create CO-OPs to serve as an alternative to traditional health insurance arrangements. Existing for-profit and nonprofit health insurers are not allowed to create CO-OPs.
The CO-OPs are supposed to sell coverage through the new health insurance exchanges that are set to start up in 2014.