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Bob De Vita
Common Ground Healthcare Cooperative secures Certificate of Authority; next step towards offering health insurance products
BROOKFIELD, WI (March 11, 2013) – Common Ground Healthcare Cooperative, a nonprofit health insurance cooperative, announced today it received their Certificate of Authority from the Wisconsin Office of the Commissioner of Insurance. The certificate brings the insurance cooperative one-step closer to providing innovative health insurance solutions to southeastern Wisconsin. Common Ground Healthcare Cooperative, launched in February 2012, is on track to enroll interested individuals and small employers in their health insurance products beginning October 1, 2013 for coverage that goes into effect January 1, 2014.
“The obtainment of our Certificate of Authority is a critical step to bringing quality health insurance to individuals, nonprofits and small employers in the region,” said Bob Connolly, chairman of the board of directors. “Our team has worked tirelessly over the past year to build the foundation of a new health insurance company, and it’s thrilling to know that in a matter of months, it will be a reality.” Common Ground Healthcare Cooperative was awarded a loan from the U.S. Department of Health and Human Services to launch the new nonprofit organization and bring affordable health insurance to the region beginning January 1, 2014. The federal Affordable Care Act authorized establishment of consumer-directed cooperatives, designed to increase competition among health insurers and to encourage states to innovatively expand health insurance coverage.
“Our model is to operate a nonprofit cooperative where we continuously reinvest any excess earnings we achieve back within the cooperative to keep premium costs low and bring enhanced benefits to our members,” noted Bob De Vita, chief executive officer of Common Ground Healthcare Cooperative. De Vita emphasized that the cooperative’s framework is founded on three aspects: improve the health of the population (our communities); improve the members’ health insurance experience; and reduce the costs of healthcare. “By ‘Putting your health first’, we plan to help members’ manage their healthcare and provide choices through various health plans,” said De Vita. The approach encourages members to take responsibility for their own health; the results are simple yet powerful: better care and lower costs. “We will partner with healthcare systems who offer timely and appropriate care for our members (patient-centered care),” added De Vita.
Both Connolly and De Vita distinguish that Common Ground Healthcare Cooperative is locally managed and operated. “Our team has extensive knowledge of the local healthcare landscape, understands issues and concerns facing local individuals and small employers and is involved in the surrounding communities,” said Connolly. The cooperative’s leadership will incorporate member feedback into continuous enhancement of the benefits and services we provide.
About Common Ground Healthcare Cooperative
Common Ground Healthcare Cooperative is a member-governed and operated nonprofit health insurance company serving the seven-county (Milwaukee, Kenosha, Ozaukee, Racine, Walworth, Washington and Waukesha) area in Southeastern Wisconsin. The Cooperative’s mission is to deliver the finest in affordable, innovative health insurance solutions to individuals, small businesses and nonprofits throughout Wisconsin by putting health first. Founded in 2012, the cooperative will begin enrolling members October 1, 2013 for coverage that goes into effect January 1, 2014. For more information, visit www.commongroundhealthcare.org.
Print a copy of this press release here: Press release COA-Final 031213