Credit Unions Put Obamacare Into Action
Despite technical glitches, long wait times and multiple crashes with the launch of the HealthCare.gov website last fall, many credit unions are doing their best to help members navigate through the changes.
CoOportunity Health recently announced that it eclipsed the 50,000 enrollment mark for individuals and groups in Nebraska and Iowa, said Scott Sullivan, CEO of the Nebraska Credit Union League. The Nebraska league, along with the Iowa Credit Union League, signed on with the Des Moines, Iowa-based entity that provides insurance options through broker Group Benefits Ltd., in Urbandale, Iowa.
In early 2013, core data system and technology solutions provider EPL Inc. in Birmingham, Ala., launched the Credit Union Exchange Blueprint, a private exchange for credit unions and members that provides online access to insurance carriers and a resource for the new health care reform requirements. There are currently five charter credit unions that are actively using the CUEB and another 20 moving toward adoption, said Bruce Clapp, EPL chief marketing and sales officer.
“We did hear many stories of issues with those that tried to access the federal and state exchanges. However, CUEB is a private exchange operated by insurance professionals built for credit unions and their members (and) offers a wider selection of health plans and options to help protect families,” Clapp said.