Home > Terms > English, UK (UE) > Non-profit cooperatives
Non-profit cooperatives
Non-profit cooperatives or insurance cooperatives have been proposed in the Senate as an alternative to a proposed government plan. The cooperatives, which would be structured as non-profits and owned by their members, could offer a network of health care providers or contract out for medical services. The concept championed by some Democrats would provide "seed money" for the cooperatives, which would then be sustained by customer premiums. Read more about insurance cooperatives.
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- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: Insurance
- Category: Health insurance
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