Can a company that already has coverage elsewhere join a health group cooperative?
Yes. Section 38-71-1345(A)(2) provides that a small employer’s participation in a cooperative is voluntary, but an employer electing to participate in a cooperative shall commit to purchasing coverage through the cooperative for five years. There is nothing in the law that would preclude an employer from purchasing from an insurer and a properly formed health group cooperative.
Related Questions
- If a new member wishes to join the Health Group Cooperative other than during the open enrollment, can the Health Group Cooperative and carrier allow it?
- What is the approximate date that small businesses will be able to join a health group cooperative?
- Can a company that already has coverage elsewhere join a health group cooperative?
