Contact Us
Make My Homepage

NJ Among Eight States Receiving Federal Health Care Loan

President Barack Obama (R) is joined by Health and Human Services Secretary Kathleen Sebelius
President Barack Obama (R) is joined by Health and Human Services Secretary Kathleen Sebelius (Mark Wilson/Getty Images)

The Obama administration is awarding loans totaling more than $638 million to start up new health care cooperatives serving eight states.

The government says the new nonprofit health insurers will be run by their customers and will be designed to offer coverage to individuals and small businesses.

Awards were announced Tuesday for co-ops serving Montana, Iowa, Nebraska, New Jersey, New Mexico, New York, Oregon and Wisconsin.

They are envisioned as a way to offer affordable coverage when President Barack Obama’s health care reform law requires everyone to carry insurance.

Starting in 2014, millions of people now uninsured will buy private coverage in new state markets. The co-ops will compete in these state-run insurance exchanges.

Tax-credit subsidies will help customers with the cost of the insurance.

(Copyright 2012 by The Associated Press.  All Rights Reserved.)

Best of the Web


Leave a Comment

It appears that you already have an account created within our VIP network of sites on . To keep your points and personal information safe, we need to verify that it's really you. To activate your account, please confirm your password. When you have confirmed your password, you will be able to log in through Facebook on both sites.

Forgot your password?

*Please note that your points, prizes and activities will not be shared between programs within our VIP network.

It appears that you already have an account on this site associated with . To connect your existing account with your Facebook account, just click on the account activation button below. You will maintain your existing profile and VIP program points. After you do this, you will be able to always log in to http://nj1015.com using your Facebook account.

*Please note that your points, prizes and activities will not be shared between programs within our VIP network.

Please fill out the information below to help us provide you a better experience.

Register on New Jersey 101.5 quickly by logging in with your Facebook account. It's just as secure, and no password to remember!

Not a Member? Sign Up Here

Register on New Jersey 101.5 quickly by logging in with your Facebook account. It's just as secure, and no password to remember!