News
Montana Health Co-op, a new health insurer, to get $58M federal start-up loan
MATR Sponsor (view all)
The fledgling Montana Health Cooperative http://www.mhc.coop/ on Tuesday became one of the first co-ops in the nation to win a federal loan, which will provide $58 million toward setting up the new, member-owned health insurer for Montana individuals and businesses.
"We hope to be an attractive health coverage alternative for as many Montanans as possible," co-op board member and former State Auditor John Morrison said at a Capitol news conference announcing the award. "We hope to make a significant difference in terms of providing an option."
Federal officials Tuesday unveiled the awarding of loans totaling $639 million to seven proposed co-ops, which are supposed to be up and running by 2014.
By MIKE DENNISON Gazette State Bureau
MATR Supporters (view all)
Sorry, we couldn't find any posts. Please try a different search.