LDI Offers Guidance for Policyholders Impacted by Louisiana Health Cooperative Discontinuing Operations

The Louisiana Department of Insurance announced today that the Louisiana Health Cooperative, Inc. (Co-Op), a health insurer formed under the provisions of the Affordable Care Act (ACA) as a non-profit health insurance company, will be winding down its operations at the end of 2015. The Co-Op will not offer coverage in 2016 but will continue to honor all in-force policies for the approximately 17,000 individuals that currently receive health insurance coverage from the Co-Op. Most of the Co-Op members enrolled in coverage through the health insurance exchange operated by the federal government under the ACA.