Montana Health Co-op Gets $58 Million Loan [AUDIO]

The Montana Health Co-operative has received a loan for over $58 million dollars to add primary care capacity to the government run health insurance option. The loan must be repaid by the co-operative which will begin providing coverage in 2014. I spoke with Medicare Regional Representative Mike Fierberg about the loan program on Tuesday afternoon. That interview is attached.

Montana Health Cooperative
Service Area: Montana
Award Amount:  $58,138,300
Award Date: February 21, 2012

Montana Health Cooperative is sponsored by a coalition of small businesses and community leaders and plans to add a strong primary care capacity to Montana’s rural and medically underserved communities.  Montana Health Cooperative will provide health insurance coverage statewide.