Shumlin, Delegation to Mark Health Co-op Opening - FOX44 - Burlington / Plattsburgh News, Weather & Sports

Shumlin, Delegation to Mark Health Co-op Opening

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SOUTH BURLINGTON, Vt. -

Vermont's governor and congressional delegation will be among those on hand for the grand opening of a new health co-op to offer health coverage in keeping with the 2010 federal health care law.
 
Formation of the Vermont Health CO-OP - short for consumer-operated and oriented plan - was announced in June.
 
The federal law called for the creation of new cooperative or nonprofit health insurance carriers in each state to compete with commercial carriers. It also set up a loan program to get those businesses off the ground.
 
The grand opening set for Tuesday at 10:30 at 120 Kimbell Avenue in South Burlington is Vermont's answer to that provision in the federal law.

Copyright 2012 The Associated Press. All rights reserved.

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