Are proposed medical insurance co-ops the answer?

Some members of Congress are pushing the idea of nonprofit health co-ops as an alternative to a public health insurance option. According to a July 6, 2009 article in Congressional Quarterly:

“The [Senate] Finance Committee would set up consumer-owned “co-ops” that would essentially function as nonprofit insurers to compete against private health insurance companies. The proposal is seen as a compromise designed to attract moderate Democrats and Republicans.”

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