Credit unions in Iowa and Nebraska that offered health insurance to members through a failed exchange will not experience any service interruptions, Jim Niederhauser, Iowa Credit Union League vice president of member services, told CU Times.
That's because the 46 credit unions had already transitioned to CUNA Mutual Group's new health insurance product or another provider, he said.
Not-for-profit health insurance exchange CoOportunity Health Inc., which was formed after the passage of the Affordable Care Act, was seized by the Iowa Insurance Commissioner Dec. 23 due to insufficient capital.
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