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ABOUT INHEALTH


Beginning January 1, 2014, everyone will be required to have health insurance under the Patient Protection and Affordable Care Act (ACA) of 2010. To help meet this requirement, in addition to other solutions, the federal government included a provision for the creation of health care CO-OPs, which are nonprofit consumer operated and oriented health plans. There are 23 CO-OPS nationwide. In Ohio, there is only one, InHealth Mutual.

InHEALTH MUTUAL – OHIO’S ONLY CO-OP

InHealth Mutual is a nonprofit health care insurer designed to help Ohioans meet their need for quality, affordable health insurance coverage that will empower them to access the health care system in appropriate ways to improve their sense of security, wellbeing and peace of mind. To meet our capital needs and solvency requirements, the federal government provided start-up and solvency loans at low interest rates that are payable within five and fifteen years, respectively. We offer the same provider networks and great benefits as other traditional insurers while being fairly and competitively priced. However, we are different from the traditional insurance companies in several ways. Primarily, we are a nonprofit with a focus on individuals and small businesses. Also, after our initial start-up period, we will be governed by a board of directors that includes our members (policy holders). Further, any profits we make will be used to either enhance benefits or lower premiums. Being accountable to members versus stockholders is a paradigm shift InHealth believes ultimately will result in health insurance that is better and works better for the people we cover.

WHAT IS A HEALTH CARE CO-OP?

CO-OP stands for “consumer operated and oriented plan”. Ultimately, a CO-OP’s services are governed through a board of directors, the majority of which are its members (policy holders) and are implemented through its administrators. This ensures that a CO-OP will meet the needs of the people it serves.

WHAT IS THE IDEA BEHIND THE CREATION OF HEALTH CARE CO-OPS?

Health Care CO-OPs are one solution to improve the health insurance landscape in the United States by addressing concerns many Americans have about health insurance: lack of access and competition. In Ohio, where 14% of our citizens are uninsured, InHealth plans address the concerns many Ohioans have with traditional health care coverage: it’s complex and it lacks transparency. We plan to make it simple and easy-to-understand. The goal of health care CO-OPs is to bring more people under the health insurance umbrella to access more affordable, appropriate, quality care.


ABOUT INHEALTH


Beginning January 1, 2014, everyone will be required to have health insurance under the Patient Protection and Affordable Care Act (ACA) of 2010. To help meet this requirement, in addition to other solutions, the federal government included a provision for the creation of health care CO-OPs, which are nonprofit consumer operated and oriented health plans. There are 23 CO-OPS nationwide. In Ohio, there is only one, InHealth Mutual.

InHEALTH MUTUAL – OHIO’S ONLY CO-OP

InHealth Mutual is a nonprofit health care insurer designed to help Ohioans meet their need for quality, affordable health insurance coverage that will empower them to access the health care system in appropriate ways to improve their sense of security, wellbeing and peace of mind. To meet our capital needs and solvency requirements, the federal government provided start-up and solvency loans at low interest rates that are payable within five and fifteen years, respectively. We offer the same provider networks and great benefits as other traditional insurers while being fairly and competitively priced. However, we are different from the traditional insurance companies in several ways. Primarily, we are a nonprofit with a focus on individuals and small businesses. Also, after our initial start-up period, we will be governed by a board of directors that includes our members (policy holders). Further, any profits we make will be used to either enhance benefits or lower premiums. Being accountable to members versus stockholders is a paradigm shift InHealth believes ultimately will result in health insurance that is better and works better for the people we cover.

WHAT IS A HEALTH CARE CO-OP?

CO-OP stands for “consumer operated and oriented plan”. Ultimately, a CO-OP’s services are governed through a board of directors, the majority of which are its members (policy holders) and are implemented through its administrators. This ensures that a CO-OP will meet the needs of the people it serves.

WHAT IS THE IDEA BEHIND THE CREATION OF HEALTH CARE CO-OPS?

Health Care CO-OPs are one solution to improve the health insurance landscape in the United States by addressing concerns many Americans have about health insurance: lack of access and competition. In Ohio, where 14% of our citizens are uninsured, InHealth plans address the concerns many Ohioans have with traditional health care coverage: it’s complex and it lacks transparency. We plan to make it simple and easy-to-understand. The goal of health care CO-OPs is to bring more people under the health insurance umbrella to access more affordable, appropriate, quality care.