Insurers Should Learn From CoOportunity Health Collapse

Law360, New York (March 18, 2015, 12:39 PM EDT) -- After becoming subject to rehabilitation in Iowa and losing its insurance license in Nebraska only a couple of months earlier, CoOportunity Health was ordered into liquidation on March 2, 2015. The liquidation of CoOportunity marks the end of an insurance company that was licensed barely two years ago. While CoOportunity's collapse has received media attention for being a failed Consumer Operated and Oriented Plan ("CO-OP") under a program established by the Affordable Care Act, its failure is a cautionary tale not only for CO-OPs operating in other states but also for all insurers.

The Consumer Operated and Oriented Plan Program...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS