Credit Unions Dispense Obamacare Assistance
Since announcing their alliance with CoOportunity Health in June, the Iowa and Nebraska Credit Union Leagues have been training and educating credit unions about what the Patient Protection and Affordable Care Act means for members.
Between the two states, 45 credit unions have signed on with CoOportunity Health, a Des Moines, Iowa-based cooperative that offers insurance options through broker Group Benefits Ltd., in Urbandale, Iowa, according to Murray Williams, chief operating officer at the Iowa Credit Union League and chief administrative officer with Affiliates Management Co.
Over the summer, the Pennsylvania Credit Union Association linked up with Digital Benefit Advisors, the largest division of the Atlanta-based Digital Insurance, for the state’s credit unions to have access to a broader variety of carriers and resources. The PCUA had a health insurance program in place for more than 20 years before transitioning over to its new partner, said Corinne Sherman, PCUA senior vice president of fee services.
“The biggest thing for us has been a high level of education to the masses but primarily, what healthcare reform has done is to develop individual strategies more than ever before,” Sherman said.