The Clinton Herald, Clinton, Iowa

National News

April 3, 2014

Nonprofit insurers struggle in new marketplaces

(Continued)

Some states’ smaller nonprofits stand out as bucking the trend. Nonprofits and regional insurers appear to be competitive in Wisconsin, though the companies have long histories in the state, and thus name recognition. And nearly 80 percent of everyone who signed up on Maine’s exchange through the beginning of March, or about 20,000 residents, chose the one nonprofit co-op offering plans, Maine Community Health Options.

Ken Voorhees, of Litchfield, south of Maine’s capital of Augusta, said he chose the co-op’s plan over Anthem Blue Cross and Blue Shield for the $130 a month savings over his previous coverage, its benefits, including a health coach, and its status as a local business.

The 58-year-old, who operates a business that builds timber frames, said he feels like his money is more likely to trickle down to the services he receives, rather than funding corporate executives’ salaries.

“It’s nice to keep the money in the community,” said Voorhees.

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