Consumer Operated and Oriented Plan

The summary for the Consumer Operated and Oriented Plan Federal Grant is detailed below. It contains information such as the Catalog of Federal Domestic Assistance (CFDA) number, who is eligible for the grant, how much grant money will be awarded, important deadlines, and a sampling of similar government grants. Verify the accuracy of the data FederalGrants.com provides by visiting the webpage noted in the Link to Full Announcement section or by contacting the appropriate person listed in the Grant Announcement Contact section. If these sections are incomplete, please visit the website of the government agency that is offering this grant.


	Federal Grant Title:	Consumer Operated and Oriented Plan
	CFDA Number:	93.545
	CFDA Description:	Consumer Operated and Oriented Plan [CO-OP] Program
	Federal Agency Name:	Ofc of Consumer Information and Insurance Oversight
	Category of Funding Activity:	Health
	Category Explanation:	Information not provided
	Opportunity Category:	Other
	Funding Opportunity Number:	OO-COO-11-001
	Document Type:	Grants Notice
	Funding Instrument Type:	Other
	Posted Date:	Jul 28, 2011
	Creation Date:	Jul 28, 2011
	Original Closing Date for Applications:	Dec 31, 2012 All loan applications must be submitted electronically and be received through http://www.grants.gov by 11:59 pm Eastern Standard Time on October 17, 2011, and on the quarterly application due dates thereafter: December 31, 2011; March 31, 2012; June 30, 2012; September 30, 2012; and December 31, 2012.
	Current Closing Date for Applications:	Dec 31, 2012 All loan applications must be submitted electronically and be received through http://www.grants.gov by 11:59 pm Eastern Standard Time on October 17, 2011, and on the quarterly application due dates thereafter: December 31, 2011; March 31, 2012; June 30, 2012; September 30, 2012; and December 31, 2012.
	Archive Date:	Jan 30, 2013
	Expected Number of Awards:	51
	Estimated Total Program Funding:	Information not provided
	Federal Grant Award Ceiling:	Information not provided
	Federal Grant Award Floor:	Information not provided
	Cost Sharing or Matching Requirement:	No

Applicants Eligible for this Grant: Others (see text field entitled "Additional Information on Eligibility" for clarification)
Additional Information on Eligibility: Refer to Funding Opportunity for Eligibilty information.
Grant Description: 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. Congress provided budget authority of $3.8 billion for the program. 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.
Link to Full Grant Announcement: Information not provided
Grant Announcement Contact: Michelle Feagins Grants Management Specialist Phone 301-492-4312

michelle.feagins@cms.hhs.gov [michelle.feagins@cms.hhs.gov]