The Centers for Medicare & Medicaid Services (CMS) is offering the Consumer Operated and Oriented Plan (CO-OP) Program grant, which seeks to foster the creation of robust, qualified nonprofit health insurance issuers nationwide. This grant provides Start-up and/or Solvency Loans to establish at least one viable CO-OP in each of the 50 States and the District of Columbia. CMS estimates awarding loans to approximately 51 applicants, reflecting the program’s ambitious goal. While funding prioritizes establishing a CO-OP in every state, CMS retains flexibility to fund multiple eligible CO-OPs in a state or support expansion across state lines, carefully avoiding direct competition that could impact loan repayment. All awards are subject to the availability of funds and the recipient’s satisfactory progress.
Opportunity ID: 136873
General Information
| Document Type: | Grants Notice |
| Funding Opportunity Number: | OO-COO-11-001 |
| Funding Opportunity Title: | Consumer Operated and Oriented Plan [CO-OP] Program |
| Opportunity Category: | Other |
| Opportunity Category Explanation: | Loans |
| Funding Instrument Type: | Other |
| Category of Funding Activity: | Health |
| Category Explanation: | The Patient Protection and Affordable Care Act, Pub. L. No. 111-148, enacted on March 23, 2010, and the Health Care and Education Reconciliation Act of 2010, Pub. L. No. 111-152, enacted on March 30, 2010, are collectively referred to in this announcement as the “Affordable Care Act.” The Department of Defense and Full-Year Continuing Appropriations Act, 2011, Pub. L. No. 112-10, which amended the Affordable Care Act, was enacted on April 15, 2011. Section 1322 of the Affordable Care Act created the Consumer Operated and Oriented Plan program (CO-OP program) to foster the creation of new consumer-governed, private, nonprofit health insurance issuers, known as “CO-OPs.” In addition to improving consumer choice and plan accountability, the CO-OP program also seeks to promote integrated models of care and enhance competition in the Affordable Insurance Exchanges established under sections 1311 and 1321 of the Affordable Care Act.
The statute provides loans to capitalize eligible prospective CO-OPs with a goal of having at least one CO-OP in each State. The statute permits the funding of multiple CO-OPs in any State, provided that there is sufficient funding to capitalize at least one CO-OP in each State. The statute directs the Secretary to give priority to applicants that will offer CO-OP qualified health plans on a Statewide basis, will use integrated care models, and have significant private support. |
| Expected Number of Awards: | 51 |
| Assistance Listings: | 93.545 — Consumer Operated and Oriented Plan [CO-OP] Program |
| Cost Sharing or Matching Requirement: | No |
| Version: | Synopsis 5 |
| Posted Date: | Jan 05, 2012 |
| Last Updated Date: | Sep 10, 2012 |
| Original Closing Date for Applications: | Dec 31, 2012 First-round loan applications will be due October 17, 2011 and subsequent applications will be accepted quarterly up to and including December 31, 2012 according to the following due dates: January 3, 2012, April 2, 2012, July 2, 2012, October 1, 2012 and December 31, 2012. |
| Current Closing Date for Applications: | Dec 31, 2012 First-round loan applications will be due October 17, 2011 and subsequent applications will be accepted quarterly up to and including December 31, 2012 according to the following due dates: January 3, 2012, April 2, 2012, July 2, 2012, October 1, 2012 and December 31, 2012. |
| Archive Date: | Jan 30, 2013 |
| Estimated Total Program Funding: | – |
| Award Ceiling: | – |
| Award Floor: | – |
Eligibility
| Eligible Applicants: | Others (see text field entitled “Additional Information on Eligibility” for clarification) |
| Additional Information on Eligibility: | Please see page 21 of the full announcement for eligibility information. |
Additional Information
| Agency Name: | CMS Consumer Operated and Oriented Plan Program |
| Description: | We estimate that 51 applicants will be awarded loans under the CO-OP program joint Start-up and Solvency Loans or only Solvency Loans because section 1322 of the Affordable Care Act envisions the creation of at least one viable CO-OP in every State and the District of Columbia. These numbers are estimates. The actual number of awards will vary according to the number of applications and the size of awards. The estimated number of awards reflects the statutory goal of the CO-OP program to establish a CO-OP in each State. It should be noted, however, that the statute allows CMS to fund more than one eligible prospective CO-OP qualified nonprofit health insurance issuer in any State if the funding is sufficient to do so. However, CMS is unlikely to fund CO-OPs that will directly compete with each other for the same target market if actuarial analysis indicates that these CO-OPs would be less likely to repay loans under those circumstances. If there is no applicant from a State, CMS may award loans to encourage the expansion of a eligible prospective CO-OP qualified nonprofit health insurance issuer from another State to that State or take other steps to encourage the development of a CO-OP in a State. Additionally, an applicant may apply for loans to establish a CO-OP in more than one State. For the purposes of this Funding Opportunity Announcement (FOA), a State means each of the 50 States and the District of Columbia. All awards (new and continuation) that are issued under this announcement are subject to the availability of funds as well as satisfactory progress. In the absence of funding, CMS is under no obligation to make awards under this announcement. |
| Link to Additional Information: | – |
| Grantor Contact Information: | If you have difficulty accessing the full announcement electronically, please contact:
Korisha Ramdhanie, Project Officer
korisha.ramdhanie@cms.hhs.gov Phone: 301.492.4435 or Johanna Fabian-Marks Phone: 301.492.4434 Email:CO-OPProgram@cms.hhs.gov |
Version History
| Version | Modification Description | Updated Date |
|---|---|---|
| Updated Project Officer Information. | Sep 10, 2012 | |
| Sep 10, 2012 | ||
| An applicant may apply in this announcement for (1) joint Start-up and Solvency Loans; or (2) only a Solvency Loan. The first option provides the recipient with both a Start-up Loan a nd a Solvency Loan issued through a single application. Start-up Loans are intended to assist applicants with the many startup costs associated with establishing a new health insurance issuer. Solvency Loans are intended to assist applicants with meeting the solvency requirements of States in which the applicant seeks to be licensed to issue CO-OP qualified health plans. | Jan 05, 2012 | |
| Jan 05, 2012 | ||
| Jan 05, 2012 |
DISPLAYING: Synopsis 5
General Information
| Document Type: | Grants Notice |
| Funding Opportunity Number: | OO-COO-11-001 |
| Funding Opportunity Title: | Consumer Operated and Oriented Plan [CO-OP] Program |
| Opportunity Category: | Other |
| Opportunity Category Explanation: | Loans |
| Funding Instrument Type: | Other |
| Category of Funding Activity: | Health |
| Category Explanation: | The Patient Protection and Affordable Care Act, Pub. L. No. 111-148, enacted on March 23, 2010, and the Health Care and Education Reconciliation Act of 2010, Pub. L. No. 111-152, enacted on March 30, 2010, are collectively referred to in this announcement as the “Affordable Care Act.” The Department of Defense and Full-Year Continuing Appropriations Act, 2011, Pub. L. No. 112-10, which amended the Affordable Care Act, was enacted on April 15, 2011. Section 1322 of the Affordable Care Act created the Consumer Operated and Oriented Plan program (CO-OP program) to foster the creation of new consumer-governed, private, nonprofit health insurance issuers, known as “CO-OPs.” In addition to improving consumer choice and plan accountability, the CO-OP program also seeks to promote integrated models of care and enhance competition in the Affordable Insurance Exchanges established under sections 1311 and 1321 of the Affordable Care Act.
The statute provides loans to capitalize eligible prospective CO-OPs with a goal of having at least one CO-OP in each State. The statute permits the funding of multiple CO-OPs in any State, provided that there is sufficient funding to capitalize at least one CO-OP in each State. The statute directs the Secretary to give priority to applicants that will offer CO-OP qualified health plans on a Statewide basis, will use integrated care models, and have significant private support. |
| Expected Number of Awards: | 51 |
| Assistance Listings: | 93.545 — Consumer Operated and Oriented Plan [CO-OP] Program |
| Cost Sharing or Matching Requirement: | No |
| Version: | Synopsis 5 |
| Posted Date: | Jan 05, 2012 |
| Last Updated Date: | Sep 10, 2012 |
| Original Closing Date for Applications: | Dec 31, 2012 First-round loan applications will be due October 17, 2011 and subsequent applications will be accepted quarterly up to and including December 31, 2012 according to the following due dates: January 3, 2012, April 2, 2012, July 2, 2012, October 1, 2012 and December 31, 2012. |
| Current Closing Date for Applications: | Dec 31, 2012 First-round loan applications will be due October 17, 2011 and subsequent applications will be accepted quarterly up to and including December 31, 2012 according to the following due dates: January 3, 2012, April 2, 2012, July 2, 2012, October 1, 2012 and December 31, 2012. |
| Archive Date: | Jan 30, 2013 |
| Estimated Total Program Funding: | – |
| Award Ceiling: | – |
| Award Floor: | – |
Eligibility
| Eligible Applicants: | Others (see text field entitled “Additional Information on Eligibility” for clarification) |
| Additional Information on Eligibility: | Please see page 21 of the full announcement for eligibility information. |
Additional Information
| Agency Name: | CMS Consumer Operated and Oriented Plan Program |
| Description: | We estimate that 51 applicants will be awarded loans under the CO-OP program joint Start-up and Solvency Loans or only Solvency Loans because section 1322 of the Affordable Care Act envisions the creation of at least one viable CO-OP in every State and the District of Columbia. These numbers are estimates. The actual number of awards will vary according to the number of applications and the size of awards. The estimated number of awards reflects the statutory goal of the CO-OP program to establish a CO-OP in each State. It should be noted, however, that the statute allows CMS to fund more than one eligible prospective CO-OP qualified nonprofit health insurance issuer in any State if the funding is sufficient to do so. However, CMS is unlikely to fund CO-OPs that will directly compete with each other for the same target market if actuarial analysis indicates that these CO-OPs would be less likely to repay loans under those circumstances. If there is no applicant from a State, CMS may award loans to encourage the expansion of a eligible prospective CO-OP qualified nonprofit health insurance issuer from another State to that State or take other steps to encourage the development of a CO-OP in a State. Additionally, an applicant may apply for loans to establish a CO-OP in more than one State. For the purposes of this Funding Opportunity Announcement (FOA), a State means each of the 50 States and the District of Columbia. All awards (new and continuation) that are issued under this announcement are subject to the availability of funds as well as satisfactory progress. In the absence of funding, CMS is under no obligation to make awards under this announcement. |
| Link to Additional Information: | – |
| Grantor Contact Information: | If you have difficulty accessing the full announcement electronically, please contact:
Korisha Ramdhanie, Project Officer
korisha.ramdhanie@cms.hhs.gov Phone: 301.492.4435 or Johanna Fabian-Marks Phone: 301.492.4434 Email:CO-OPProgram@cms.hhs.gov |
DISPLAYING: Synopsis 4
General Information
| Document Type: | Grants Notice |
| Funding Opportunity Number: | OO-COO-11-001 |
| Funding Opportunity Title: | Consumer Operated and Oriented Plan [CO-OP] Program |
| Opportunity Category: | Other |
| Opportunity Category Explanation: | – |
| Funding Instrument Type: | Other |
| Category of Funding Activity: | Health |
| Category Explanation: | The Patient Protection and Affordable Care Act, Pub. L. No. 111-148, enacted on March 23, 2010, and the Health Care and Education Reconciliation Act of 2010, Pub. L. No. 111-152, enacted on March 30, 2010, are collectively referred to in this announcement as the “Affordable Care Act.” The Department of Defense and Full-Year Continuing Appropriations Act, 2011, Pub. L. No. 112-10, which amended the Affordable Care Act, was enacted on April 15, 2011. Section 1322 of the Affordable Care Act created the Consumer Operated and Oriented Plan program (CO-OP program) to foster the creation of new consumer-governed, private, nonprofit health insurance issuers, known as “CO-OPs.” In addition to improving consumer choice and plan accountability, the CO-OP program also seeks to promote integrated models of care and enhance competition in the Affordable Insurance Exchanges established under sections 1311 and 1321 of the Affordable Care Act.
The statute provides loans to capitalize eligible prospective CO-OPs with a goal of having at least one CO-OP in each State. The statute permits the funding of multiple CO-OPs in any State, provided that there is sufficient funding to capitalize at least one CO-OP in each State. The statute directs the Secretary to give priority to applicants that will offer CO-OP qualified health plans on a Statewide basis, will use integrated care models, and have significant private support. |
| Expected Number of Awards: | 51 |
| Assistance Listings: | 93.545 — Consumer Operated and Oriented Plan [CO-OP] Program |
| Cost Sharing or Matching Requirement: | No |
| Version: | Synopsis 4 |
| Posted Date: | Sep 10, 2012 |
| Last Updated Date: | – |
| Original Closing Date for Applications: | – |
| Current Closing Date for Applications: | Dec 31, 2012 First-round loan applications will be due October 17, 2011 and subsequent applications will be accepted quarterly up to and including December 31, 2012 according to the following due dates: January 3, 2012, April 2, 2012, July 2, 2012, October 1, 2012 and December 31, 2012. |
| Archive Date: | Jan 30, 2013 |
| Estimated Total Program Funding: | – |
| Award Ceiling: | – |
| Award Floor: | – |
Eligibility
| Eligible Applicants: | Others (see text field entitled “Additional Information on Eligibility” for clarification) |
| Additional Information on Eligibility: | Please see page 21 of the full announcement for eligibility information. |
Additional Information
| Agency Name: | CMS Consumer Operated and Oriented Plan Program |
| Description: | We estimate that 51 applicants will be awarded loans under the CO-OP program joint Start-up and Solvency Loans or only Solvency Loans because section 1322 of the Affordable Care Act envisions the creation of at least one viable CO-OP in every State and the District of Columbia. These numbers are estimates. The actual number of awards will vary according to the number of applications and the size of awards. The estimated number of awards reflects the statutory goal of the CO-OP program to establish a CO-OP in each State. It should be noted, however, that the statute allows CMS to fund more than one eligible prospective CO-OP qualified nonprofit health insurance issuer in any State if the funding is sufficient to do so. However, CMS is unlikely to fund CO-OPs that will directly compete with each other for the same target market if actuarial analysis indicates that these CO-OPs would be less likely to repay loans under those circumstances. If there is no applicant from a State, CMS may award loans to encourage the expansion of a eligible prospective CO-OP qualified nonprofit health insurance issuer from another State to that State or take other steps to encourage the development of a CO-OP in a State. Additionally, an applicant may apply for loans to establish a CO-OP in more than one State. For the purposes of this Funding Opportunity Announcement (FOA), a State means each of the 50 States and the District of Columbia. All awards (new and continuation) that are issued under this announcement are subject to the availability of funds as well as satisfactory progress. In the absence of funding, CMS is under no obligation to make awards under this announcement. |
| Link to Additional Information: | – |
| Grantor Contact Information: | If you have difficulty accessing the full announcement electronically, please contact:
Anne Bollinger
Health Insurance Specialist Phone 301-492-4395 Ilana Cohen |
DISPLAYING: Synopsis 3
General Information
| Document Type: | Grants Notice |
| Funding Opportunity Number: | OO-COO-11-001 |
| Funding Opportunity Title: | Consumer Operated and Oriented Plan [CO-OP] Program |
| Opportunity Category: | Other |
| Opportunity Category Explanation: | – |
| Funding Instrument Type: | Other |
| Category of Funding Activity: | Health |
| Category Explanation: | The Patient Protection and Affordable Care Act, Pub. L. No. 111-148, enacted on March 23, 2010, and the Health Care and Education Reconciliation Act of 2010, Pub. L. No. 111-152, enacted on March 30, 2010, are collectively referred to in this announcement as the “Affordable Care Act.” The Department of Defense and Full-Year Continuing Appropriations Act, 2011, Pub. L. No. 112-10, which amended the Affordable Care Act, was enacted on April 15, 2011. Section 1322 of the Affordable Care Act created the Consumer Operated and Oriented Plan program (CO-OP program) to foster the creation of new consumer-governed, private, nonprofit health insurance issuers, known as “CO-OPs.” In addition to improving consumer choice and plan accountability, the CO-OP program also seeks to promote integrated models of care and enhance competition in the Affordable Insurance Exchanges established under sections 1311 and 1321 of the Affordable Care Act.
The statute provides loans to capitalize eligible prospective CO-OPs with a goal of having at least one CO-OP in each State. The statute permits the funding of multiple CO-OPs in any State, provided that there is sufficient funding to capitalize at least one CO-OP in each State. The statute directs the Secretary to give priority to applicants that will offer CO-OP qualified health plans on a Statewide basis, will use integrated care models, and have significant private support. |
| Expected Number of Awards: | 51 |
| Assistance Listings: | 93.545 — Consumer Operated and Oriented Plan [CO-OP] Program |
| Cost Sharing or Matching Requirement: | No |
| Version: | Synopsis 3 |
| Posted Date: | Jan 05, 2012 |
| Last Updated Date: | – |
| Original Closing Date for Applications: | – |
| Current Closing Date for Applications: | Dec 31, 2012 First-round loan applications will be due October 17, 2011 and subsequent applications will be accepted quarterly up to and including December 31, 2012 according to the following due dates: January 3, 2012, April 2, 2012, July 2, 2012, October 1, 2012 and December 31, 2012. |
| Archive Date: | Jan 30, 2013 |
| Estimated Total Program Funding: | – |
| Award Ceiling: | – |
| Award Floor: | – |
Eligibility
| Eligible Applicants: | Others (see text field entitled “Additional Information on Eligibility” for clarification) |
| Additional Information on Eligibility: | Please see page 21 of the full announcement for eligibility information. |
Additional Information
| Agency Name: | CMS Consumer Operated and Oriented Plan Program |
| Description: | We estimate that 51 applicants will be awarded loans under the CO-OP program joint Start-up and Solvency Loans or only Solvency Loans because section 1322 of the Affordable Care Act envisions the creation of at least one viable CO-OP in every State and the District of Columbia. These numbers are estimates. The actual number of awards will vary according to the number of applications and the size of awards. The estimated number of awards reflects the statutory goal of the CO-OP program to establish a CO-OP in each State. It should be noted, however, that the statute allows CMS to fund more than one eligible prospective CO-OP qualified nonprofit health insurance issuer in any State if the funding is sufficient to do so. However, CMS is unlikely to fund CO-OPs that will directly compete with each other for the same target market if actuarial analysis indicates that these CO-OPs would be less likely to repay loans under those circumstances. If there is no applicant from a State, CMS may award loans to encourage the expansion of a eligible prospective CO-OP qualified nonprofit health insurance issuer from another State to that State or take other steps to encourage the development of a CO-OP in a State. Additionally, an applicant may apply for loans to establish a CO-OP in more than one State. For the purposes of this Funding Opportunity Announcement (FOA), a State means each of the 50 States and the District of Columbia. All awards (new and continuation) that are issued under this announcement are subject to the availability of funds as well as satisfactory progress. In the absence of funding, CMS is under no obligation to make awards under this announcement. |
| Link to Additional Information: | – |
| Grantor Contact Information: | If you have difficulty accessing the full announcement electronically, please contact:
Anne Bollinger
Health Insurance Specialist Phone 301-492-4395 Ilana Cohen |
DISPLAYING: Synopsis 2
General Information
| Document Type: | Grants Notice |
| Funding Opportunity Number: | OO-COO-11-001 |
| Funding Opportunity Title: | Consumer Operated and Oriented Plan [CO-OP] Program |
| Opportunity Category: | Mandatory |
| Opportunity Category Explanation: | – |
| Funding Instrument Type: | Other |
| Category of Funding Activity: | Health |
| Category Explanation: | The Patient Protection and Affordable Care Act, Pub. L. No. 111-148, enacted on March 23, 2010, and the Health Care and Education Reconciliation Act of 2010, Pub. L. No. 111-152, enacted on March 30, 2010, are collectively referred to in this announcement as the “Affordable Care Act.” The Department of Defense and Full-Year Continuing Appropriations Act, 2011, Pub. L. No. 112-10, which amended the Affordable Care Act, was enacted on April 15, 2011. Section 1322 of the Affordable Care Act created the Consumer Operated and Oriented Plan program (CO-OP program) to foster the creation of new consumer-governed, private, nonprofit health insurance issuers, known as “CO-OPs.” In addition to improving consumer choice and plan accountability, the CO-OP program also seeks to promote integrated models of care and enhance competition in the Affordable Insurance Exchanges established under sections 1311 and 1321 of the Affordable Care Act.
The statute provides loans to capitalize eligible prospective CO-OPs with a goal of having at least one CO-OP in each State. The statute permits the funding of multiple CO-OPs in any State, provided that there is sufficient funding to capitalize at least one CO-OP in each State. The statute directs the Secretary to give priority to applicants that will offer CO-OP qualified health plans on a Statewide basis, will use integrated care models, and have significant private support. |
| Expected Number of Awards: | 51 |
| Assistance Listings: | 93.545 — Consumer Operated and Oriented Plan [CO-OP] Program |
| Cost Sharing or Matching Requirement: | No |
| Version: | Synopsis 2 |
| Posted Date: | Jan 05, 2012 |
| Last Updated Date: | – |
| Original Closing Date for Applications: | – |
| Current Closing Date for Applications: | Dec 31, 2012 First-round loan applications will be due October 17, 2011 and subsequent applications will be accepted quarterly up to and including December 31, 2012 according to the following due dates: January 3, 2012, April 2, 2012, July 2, 2012, October 1, 2012 and December 31, 2012. |
| Archive Date: | Jan 30, 2013 |
| Estimated Total Program Funding: | – |
| Award Ceiling: | – |
| Award Floor: | – |
Eligibility
| Eligible Applicants: | Others (see text field entitled “Additional Information on Eligibility” for clarification) |
| Additional Information on Eligibility: | Please see page 21 of the full announcement for eligibility information. |
Additional Information
| Agency Name: | CMS Consumer Operated and Oriented Plan Program |
| Description: | We estimate that 51 applicants will be awarded loans under the CO-OP program joint Start-up and Solvency Loans or only Solvency Loans because section 1322 of the Affordable Care Act envisions the creation of at least one viable CO-OP in every State and the District of Columbia. These numbers are estimates. The actual number of awards will vary according to the number of applications and the size of awards. The estimated number of awards reflects the statutory goal of the CO-OP program to establish a CO-OP in each State. It should be noted, however, that the statute allows CMS to fund more than one eligible prospective CO-OP qualified nonprofit health insurance issuer in any State if the funding is sufficient to do so. However, CMS is unlikely to fund CO-OPs that will directly compete with each other for the same target market if actuarial analysis indicates that these CO-OPs would be less likely to repay loans under those circumstances. If there is no applicant from a State, CMS may award loans to encourage the expansion of a eligible prospective CO-OP qualified nonprofit health insurance issuer from another State to that State or take other steps to encourage the development of a CO-OP in a State. Additionally, an applicant may apply for loans to establish a CO-OP in more than one State. For the purposes of this Funding Opportunity Announcement (FOA), a State means each of the 50 States and the District of Columbia. All awards (new and continuation) that are issued under this announcement are subject to the availability of funds as well as satisfactory progress. In the absence of funding, CMS is under no obligation to make awards under this announcement. |
| Link to Additional Information: | – |
| Grantor Contact Information: | If you have difficulty accessing the full announcement electronically, please contact:
Anne Bollinger
Health Insurance Specialist Phone 301-492-4395 Ilana Cohen |
DISPLAYING: Synopsis 1
General Information
| Document Type: | Grants Notice |
| Funding Opportunity Number: | OO-COO-11-001 |
| Funding Opportunity Title: | Consumer Operated and Oriented Plan [CO-OP] Program |
| Opportunity Category: | Mandatory |
| Opportunity Category Explanation: | – |
| Funding Instrument Type: | Other |
| Category of Funding Activity: | Health |
| Category Explanation: | The Patient Protection and Affordable Care Act, Pub. L. No. 111-148, enacted on March 23, 2010, and the Health Care and Education Reconciliation Act of 2010, Pub. L. No. 111-152, enacted on March 30, 2010, are collectively referred to in this announcement as the “Affordable Care Act.” The Department of Defense and Full-Year Continuing Appropriations Act, 2011, Pub. L. No. 112-10, which amended the Affordable Care Act, was enacted on April 15, 2011. Section 1322 of the Affordable Care Act created the Consumer Operated and Oriented Plan program (CO-OP program) to foster the creation of new consumer-governed, private, nonprofit health insurance issuers, known as “CO-OPs.” In addition to improving consumer choice and plan accountability, the CO-OP program also seeks to promote integrated models of care and enhance competition in the Affordable Insurance Exchanges established under sections 1311 and 1321 of the Affordable Care Act.
The statute provides loans to capitalize eligible prospective CO-OPs with a goal of having at least one CO-OP in each State. The statute permits the funding of multiple CO-OPs in any State, provided that there is sufficient funding to capitalize at least one CO-OP in each State. The statute directs the Secretary to give priority to applicants that will offer CO-OP qualified health plans on a Statewide basis, will use integrated care models, and have significant private support. |
| Expected Number of Awards: | 51 |
| Assistance Listings: | 93.545 — Consumer Operated and Oriented Plan [CO-OP] Program |
| Cost Sharing or Matching Requirement: | No |
| Version: | Synopsis 1 |
| Posted Date: | Jan 05, 2012 |
| Last Updated Date: | – |
| Original Closing Date for Applications: | – |
| Current Closing Date for Applications: | Dec 31, 2012 First-round loan applications will be due October 17, 2011 and subsequent applications will be accepted quarterly up to and including December 31, 2012 according to the following due dates: January 3, 2012, April 2, 2012, July 2, 2012, October 1, 2012 and December 31, 2012. |
| Archive Date: | Jan 30, 2013 |
| Estimated Total Program Funding: | – |
| Award Ceiling: | – |
| Award Floor: | – |
Eligibility
| Eligible Applicants: | Others (see text field entitled “Additional Information on Eligibility” for clarification) |
| Additional Information on Eligibility: | Please see page 21 of the full announcement for eligibility information. |
Additional Information
| Agency Name: | CMS Consumer Operated and Oriented Plan Program |
| Description: | We estimate that 51 applicants will be awarded joint Start-up and Solvency Loans or only Solvency Loans because section 1322 of the Affordable Care Act envisions a viable CO-OP in every State and the District of Columbia. These numbers are estimates. The number of awards will vary according to the number of applications and the size of awards. The estimated number of awards reflects the statutory goal of the CO-OP program to establish a CO-OP in each State. It should be noted, however, that the statute allows CMS to fund more than one qualified nonprofit health insurance issuer in any State if the funding is sufficient to do so. However, CMS is unlikely to fund CO-OPs that will directly compete with each other for the same target market if actuarial analysis indicates that these CO-OPs would be less likely to repay loans under those circumstances. If there is no applicant from a State, CMS may award loans to encourage the expansion of a qualified nonprofit health insurance issuer from another State to that State or take other steps to encourage the development of a CO-OP in a State. Additionally, an applicant may apply for loans to establish a CO-OP in more than one State. For the purposes of this FOA, a State means each of the 50 States and the District of Columbia. All awards (new and continuation) that are issued under this announcement are subject to the availability of funds as well as satisfactory progress. In the absence of funding, CMS is under no obligation to make awards under this announcement. |
| Link to Additional Information: | – |
| Grantor Contact Information: | If you have difficulty accessing the full announcement electronically, please contact:
Anne Bollinger
Health Insurance Specialist Phone 301-492-4395 Ilana Cohen |
Related Documents
Folder 136873 Revised Full Announcement-2 -> coop-foa-09-13-2012 508.pdf
Packages
| Agency Contact Information: | Korisha Ramdhanie, Project Officer korisha.ramdhanie@cms.hhs.gov Phone: 301.492.4435 or Johanna Fabian-Marks Phone: 301.492.4434 Email: CO-OPProgram@cms.hhs.gov |
| Who Can Apply: | Organization Applicants |
| Assistance Listing Number | Competition ID | Competition Title | Opportunity Package ID | Opening Date | Closing Date | Actions |
|---|---|---|---|---|---|---|
| 93.545 | PKG00090750 | Dec 31, 2012 | View |
Package 1
Mandatory forms
136873 SF424_2_1-2.1.pdf
136873 HHS_CheckList_2_1-2.1.pdf
136873 PerformanceSite_1_4-1.4.pdf
136873 SF424B-1.1.pdf
136873 SF424A-1.0.pdf
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