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CMS Announces 7 CO-OP Loans, Including 1 in Iowa - February 21, 2012

Today CMS awarded seven loans under the Consumer Oriented & Operated Plan ("CO-OP") Program. The CO-OP Program provides low-interest federal loans to qualifying non-profit cooperatives to establish health insurance for cooperative members. One of the loans was made to Midwest Members Health, a cooperative sponsored by the Iowa Institute, who applied to offer insurance within Iowa and Nebraska. More information on the awards is available here.