COSE, Med Mutual ink 10-yr. pact; New one-employee members not assured of participating in health plans.(Council of Smaller Enterprises)(contracts of Council of Smaller Enterprises and Medical Mutual of Ohio for health )

Crain's Cleveland Business, May, 2006

Byline: JAY MILLER, SHANNON MORTLAND In a sharp break with its tradition, the Council of Smaller Enterprises is entering into a 10-year, exclusive contract with Medical Mutual of Ohio for health insurance coverage for 240,000 employees and their family members in Northeast Ohio. What's more, one-person companies that join COSE after July 1 no longer will be guaranteed COSE health insurance coverage.

That's when the new contract takes effect. The new contract takes COSE out of the business of competitive selection of insurance companies and ends its role in the setting of underwriting standards and rates. It's a big switch for an organization that built a national reputation over the last 30 years for the innovative way it negotiated for health care and...

Read the rest of this article with a Free Trial at HighBeam Research.

Premium Content Partnership | HighBeam Research provides an in-depth online archive library of reference works.