Update: Troubled ACA Co-Op Suspends Agent Commissions; Iowa Commissioner Responds to NAIFA

February 25, 2015

Earlier this month, NAIFA reported to members that CoOportunity Health, the Affordable Care Act Co-Op based in Iowa (which also operated in Nebraska), was heading towards insolvency.  Earlier this year, an Iowa district court placed the Co-Op under the control of the Iowa Insurance Division (IID) which is now liquidating the company.    NAIFA previously informed members that during the rehabilitation phase, the Iowa Insurance Commissioner decided to suspend commissions to agents in Nebr...