Canadian Markets closed

Montana's Health Co-op remains standing as others falter

Montana's Health Co-op remains standing as others falter

HELENA, Mont. — The Montana Health Co-op resumes accepting new enrollees on Sunday after withdrawing from the state's health insurance exchange last year amid worries about its financial health.

Chief Executive Officer Jerry Dworak asserts that the co-op is in position to absorb all 64, 000 Montanans who buy policies from the state's health insurance exchange.

About two dozen co-ops sprang up, from Maine to Oregon, with the passage in 2010 of the Obama administration's health care law.

But within two years, half of the programs folded because of political attacks, financial miscalculations and the volatility of the marketplace.

Montana's co-op, which also serves Idaho, is now just one of four that remain.

It enrolls 20,000 of the 64,000 people who purchase individual plans on the exchange, which includes Blue Cross and PacificSource.

Bobby Caina Calvan, The Associated Press