Minuteman Health, Inc. Receives CMS Funding

Following the announcement last week that the Centers for Medicaid and Medicare Services (CMS) granted Minuteman Health Inc. of Massachusetts a loan to expand into New Hampshire (see N.H. Union Leader story), providers and residents in the Granite State may now look forward to competition on the health insurance exchange or marketplace.  Minuteman Health is a not-for-profit Consumer Operated and Oriented Plan, or CO-OP.  CO-OPs are not-for-profit health insurance plans that are established pursuant to the Affordable Care Act (ACA) with federal loans – not grants.  In 2012, the New Hampshire Medical Society authorized a small financial contribution to the N.H. CO-OP effort, which would have created the Josiah Bartlett Health Plan (JBHP).  Unfortunately, while the JBHP application was submitted on time, funding was pulled for the program (funding only pulled for new programs; programs that had already been approved will continue to operate) as part of the “Fiscal Cliff” deal, and the application was never reviewed/approved by CMS.  Minuteman was able to secure additional loan funds for a N.H.-based plan because it had been approved by CMS before the program was suspended.

The original N.H. effort included two NHMS representatives on the board of directors for the Josiah Bartlett Health Plan: Cynthia S. Cooper, MD, NHMS penultimate past president, and Scott Colby, NHMS executive vice president and chair of the board of directors for JBHP.  NHMS looks forward to working with Minuteman Health as it establishes a presence here in N.H.  For more information or should you have questions about JBHP or Minuteman Health, please contact Scott Colby at NHMS.  Click here to email Scott.