To boost non-interest income and provide value to members, some credit unions are branching out into the health insurance space.
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.
Forty-five credit unions have signed on to leagues' joint offering through CoOportunity Health.
Arrangement provides access to broader variety of carriers and resources, PCUA and company say.
Employers of 50 or more now have until 2015 to comply with new rules in Affordable Care Act. Exchanges still to open Oct. 1.
A new alliance between the Iowa and Nebraska Credit Union Leagues and CoOportunity Health, a multistate co-op, is poised to offer another health insurance choice that features lower expenses and more benefits.
This Opinion piece looks at the market and service opportunity the Affordable Care Act presents to credit unions.
Leagues partner to offer credit unions option for offering health insurance to members when Obamacare kicks in.