openPR Logo
Press release

Consumers Invited to Take Control of Health Insurance Company

05-23-2014 06:43 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: CSG PR

/ PR Agency: Straight Line PR
Consumers Invited to Take Control of Health Insurance Company

Colorado’s Health Insurance CO-OP Opens Board of Directors Applications

Denver, CO, May 20, 2014 — Colorado HealthOP, Colorado’s first statewide health insurance CO-OP, has initiated a significant shift in how insurance companies are run, introducing greater member control into an industry that historically has had very little. The CO-OP announced today it is now seeking applications for its board of directors, inviting nearly 14,000 of its new Colorado members to run for a seat. The board of directors is elected by CO-OP members, and at least 80 percent of the board will be comprised of CO-OP members by the end of 2015. Board members will have formal decision-making authority to initiate changes in the CO-OP that will benefit all CO-OP members.

“Because Colorado HealthOP is controlled by our members, and not by outside investors, the CO-OP will become what our members want and need it to be – health insurance that is focused on improving the health of our members and the health of the communities we serve,” said Julia Hutchins, chief executive officer of Colorado HealthOP.

In this trailblazing model of member governance, Colorado HealthOP’s board members will be responsible for ensuring that member interests are reflected in the CO-OP’s decisions and actions, with an ultimate goal of lowering costs and providing more efficient and valuable health coverage to Colorado HealthOP members. Specific responsibilities include strategic goal setting, providing input into budgeting and financial reporting, developing policies for CO-OP business operations and overseeing the CEO.

“This call for applications represents a revolutionary time in healthcare,” Hutchins said. “Across the country, health insurance CO-OPs are doing for health insurance what the cooperative model has done for agriculture, electricity and countless other industries; we are introducing greater consumer control, improving efficiency and bringing consumer-demanded change to the healthcare industry.”

Colorado HealthOP opened its board of directors application process on May 1, 2014. Members can submit applications until July 7, 2014. A Nominations and Outreach committee will review all applications and conduct two rounds of applicant interviews to develop a diverse slate of candidates that will be presented to Colorado HealthOP’s members in August. Members will have the opportunity to vote for their board representatives in September and October. The new 11-member board will be seated at the CO-OP’s annual meeting in October.

Colorado HealthOP’s founding board of directors, who will continue to oversee the CO-OP’s operations until the new board is seated, is comprised of a group of volunteer healthcare professionals, policymakers and advocates.

About Colorado HealthOP
Colorado HealthOP is Colorado’s first statewide nonprofit health insurance CO-OP. As a member-governed alternative to traditional health insurance, Colorado HealthOP and its members are committed to providing affordable, quality coverage to individuals and employers interested in making a difference in their own health, their employees’ health and the health of their community. The CO-OP aims to improve health outcomes by putting the responsibility for consumers’ care back into the hands of its members and providers. For more information about Colorado HealthOP, please visit www.COHealthOP.org or call 720.627.8900.

Contact:
Anna Beaty
CSG PR
3225 East 2nd Avenue
Denver, CO 80206
303-433-7020
abeaty@csg-pr.com
http://www.csg-pr.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Consumers Invited to Take Control of Health Insurance Company here

News-ID: 288270 • Views:

More Releases from CSG PR

Ecotech Institute’s Clean Jobs Index Shows a 19 Percent Increase in Clean Jobs in 2013
Ecotech Institute’s Clean Jobs Index Shows a 19 Percent Increase in Clean Jobs …
National study shows more than 3.5 million clean jobs available in 2013, with a 57 percent increase in solar jobs Denver, CO, March 07, 2014 - Ecotech Institute’s Clean Jobs Index, a tool to compare states’ use and development of clean and sustainable energy, found more than 3.5 million job postings in the clean energy sector last year. This is a 19 percent increase from 2012. The Clean Jobs Index classifies
Ecotech Institute to Host Webinar, “Launching a Career in Engineering Technology”
Ecotech Institute to Host Webinar, “Launching a Career in Engineering Technolo …
Thirty-minute webinar will discuss career training and employment opportunities in engineering technology Denver, CO, March 04, 2014 - On Tuesday, March 4, Ecotech Institute will hold a free 30-minute afternoon webinar, “Launching a Career in Engineering Technology,” that takes a look at how to have a successful career in engineering technology. The session is part of an exclusive webinar series offered by Ecotech Institute, the first and only college entirely

More Releases for Health

Digital Therapeutics Market Research 2025 Leading Key Players - Proteus Digital …
An exclusive Digital Therapeutics Market research report created through broad primary research (inputs from industry experts, companies, and stakeholders) and secondary research, the report aims to present the analysis of Global Digital Therapeutics Market by Type, By Application, By Region - North America, Europe, South America, Asia-Pacific, Middle East and Africa. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment evaluation. Besides, the report
Digital Therapeutics Market Outlook 2025 : Proteus Digital Health, Omada Health, …
ReportsWeb.com has announced the addition of the “Global Digital Therapeutics Market Size, Status and Forecast 2025” The report focuses on major leading players with information such as company profiles, product picture and specification. This report studies the global Digital Therapeutics market, analyzes and researches the Digital Therapeutics development status and forecast in United States, EU, Japan, China, India and Southeast Asia. This report focuses on the top players in global market,
Digital Therapeutics Market Outlook to 2025 - Propeller Health, CANARY HEALTH, N …
The global digital therapeutics market is segmented on the basis of application, distribution channel, and geography. The application segment includes, respiratory diseases, central nervous system disease, smoking cessation, medication adherence, cardiovascular diseases, musculoskeletal diseases, and other applications. Based on distribution channel, the digital therapeutics market is segmented as, B2B and B2C. Digital therapeutics, a subset of digital health, is a health discipline and treatment option that utilizes a digital and
Digital Therapeutics Market Analysis 2018 | Growth by Top Companies: Proteus Dig …
Global Digital Therapeutics Market to 2025 This report "Digital Therapeutics Market Analysis to 2025" provides an in-depth insight of medical device industry covering all important parameters including development trends, challenges, opportunities, key manufacturers and competitive analysis. Digital therapeutics, a subset of digital health, is a health discipline and treatment option that utilizes a digital and often online health technologies to treat a medical or psychological condition. The treatment relies on behavioral and
Digital Therapeutics Market 2018 Global Key Player Analysis - Omada Health, Twin …
New Intelligence Report on “Digital Therapeutics Market to 2025” is recently published by The Insight Partners. The report aims to provide leading industry players with information such as company profiles, products and services offered, financial information of last 3 yesars, key development in past five years North America is estimated to contribute to the largest share in the digital therapeutics market in the coming years, owing to factors such as, improved
Digital Therapeutics Market Global Outlook to 2025 - Proteus Digital Health, Wel …
“Digital Therapeutics Market" covers a detailed research on the industry with financial analysis of the major players. The report provides key information and detailed study relating to the industry along with the Economic Impact and Regulatory and Market Support. The report examines the industry synopsis, strategic investments, Industry Surveys, Economic Impact, etc. The market of digital therapeutics market is anticipated to grow with a significant rate in the coming years, owing