Clarification Regarding the Colorado Health Insurance Cooperative

In a blog post dated March 15th, I erroneously reported that Colorado received a loan to create a CO-OP, and I would like to correct that information.  The Colorado Health Insurance Cooperative (CO-OP) was established in 2012 through a $69 million loan awarded by the Department of Health and Human Services (DHHS) under the Affordable Care Act (ACA).  The CO-OP is sponsored by the Rocky Mountain Farmers Union Educational and Charitable Foundation, and is a consumer governed and operated, nonprofit insurance company that aims to offer affordable, high quality health coverage to individuals and small businesses.  The CO-OP will primarily be made available through the Colorado Health Benefit Exchange and independent insurance brokers in 2013.