A health care cooperative is a private, member-owned health plan that would serve states or regions. The health care co-op that is being proposed by the senate finance committee, would have them governed by elected officials rather than by the Federal Government.
There are currently several health care co-ops in existence around the country, the most well known is probably Seattle based Group Health Insurance Cooperative with roughly 580,000 members.
Republicans like the idea of a co-op because it requires less government involvement.
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