Consumers’ Choice Health Plan is the Affordable Care Act (ACA) funded CO-OP for South Carolina. CO-OP is an acronym created by the ACA legislation and stands for Consumer Operated & Oriented Plans. CO-OP development is funded with low-interest loans for the U.S. Department of Health & Human Services. CO-OPs are a NEW way of delivering insurance coverage. Members will 1. Serve on the governing board 2. Have the assurance that all profits will be re-invested into the plans to maintain high quality, effectiveness and affordability and 3. Work closely with their doctors and receive incentives for best outcomes.
Coverage is available to individuals and businesses across the entire state of South Carolina. The statewide headquarters is located at 4995 Lacross Road, Suite 1300 in North Charleston and the Greenville office is located at 101 West Court Street, Suite A.
Open enrollment begins in October. Coverage effective dates begin January 1, 2014 which is when most citizens are required to have some form of health insurance or receive tax penalties.
Like citizens across the country, the Affordable Care Act laws apply to South Carolina citizens as well.
CO-OPs such as Consumers’ Choice Health Plan are designed to be an affordable option on the NEW Health Insurance Marketplace (formerly called “the exchange.”) South Carolina has opted-out of developing a state-run health insurance marketplace and will use the federally-facilitated Health Insurance Marketplace.
Subsidy eligible citizens can enroll into Consumers’ Choice Health Plan using the new federally-facilitated Health Insurance Marketplace. Non subsidy-eligible citizens and businesses can enroll in Consumers’ Choice Health Plan through an appointed broker or by using the federally-facilitated Health Insurance Marketplace. Learn more about the federally-facilitated Health Insurance Marketplace here.
The Greenville office (101 West Court Street, Suite A) will celebrate its opening with a Ribbon-cutting and Open House Tuesday, March 19, 4-6 p.m. Local elected officials and community leaders have been invited to participate in the ribbon-cutting promptly at 5:15 p.m. The public is invited.