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Thursday, April 25, 2024 | Back issues
Courthouse News Service Courthouse News Service

Fiduciary Duty

Iowa’s insurance commissioner claims in Polk County court that CoOportunity Health, one of 23 nonprofit insurers created under Obamacare’s consumer operated and oriented plan program, collapsed because consulting firm Milliman Inc. set plan rates too low and didn’t update financial forecasts.

DES MOINES, Iowa – Iowa’s insurance commissioner claims in Polk County court that CoOportunity Health, one of 23 nonprofit insurers created under Obamacare’s consumer operated and oriented plan program, collapsed because consulting firm Milliman Inc. set plan rates too low and didn’t update financial forecasts.

Categories / Business, Health

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