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Saturday, September 29, 2012

Evergreen Health gets $65M loan for Md. insurance CO-OP

Evergreen Health Cooperative Inc., founded by Dr. Peter Beilenson, has received a $65 million federal loan to start an insurance “CO-OP” in Maryland.
CO-OPs — Consumer Operated and Oriented Plans — are part of the 2010 federal Affordable Care Act. The program aims to encourage states to expand health insurance.
The loan comes from the U.S. Department of Health and Human Services and Centers for Medicare & Medicaid Services

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