Consumer Operated and Oriented Plan
The summary for the Consumer Operated and Oriented Plan grant is detailed below.
This summary states who is eligible for the grant, how much grant money will be awarded, current and past deadlines, Catalog of Federal Domestic Assistance (CFDA) numbers, and a sampling of similar government grants.
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If any section is incomplete, please visit the website for the Ofc of Consumer Information and Insurance Oversight, which is the U.S. government agency offering this grant.
Consumer Operated and Oriented Plan: 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.
Federal Grant Title: | Consumer Operated and Oriented Plan |
Federal Agency Name: | Ofc of Consumer Information and Insurance Oversight |
Grant Categories: | Health |
Type of Opportunity: | Other |
Funding Opportunity Number: | OO-COO-11-001 |
Type of Funding: | Other |
CFDA Numbers: | 93.545 |
CFDA Descriptions: | Consumer Operated and Oriented Plan [CO-OP] Program |
Current Application Deadline: | Dec 31, 2012 |
Original Application Deadline: | Dec 31, 2012 |
Posted Date: | Jul 28, 2011 |
Creation Date: | Jul 28, 2011 |
Archive Date: | Jan 30, 2013 |
Total Program Funding: | |
Maximum Federal Grant Award: | $0 |
Minimum Federal Grant Award: | $0 |
Expected Number of Awards: | 51 |
Cost Sharing or Matching: | 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 Announcement Contact
- Michelle Feagins Grants Management Specialist Phone 301-492-4312
[email protected] [[email protected]] - Similar Government Grants
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