The head of a newly created cooperative health insurance company set up to serve Vermont says there may be inaccurate and misleading statements in a state ruling that denied the company a license.
C.E.O. of the Vermont Health Co-op, Christine Oliver, says the co-op will continue to fight for its future. She's planning a briefing for today.
Last week the Vermont Department of Financial Regulation denied the co-op a license to offer insurance as part of the Affordable Care Act.
The department found the co-op's rates would be higher than those of other insurers and that it therefore would not attract enough customers to be financially viable.
