Can an insurance agency sponsor a health group cooperative and an agent become its executive director (assuming a board of health group cooperative member employers is elected for the governance)?

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Can an insurance agency sponsor a health group cooperative and an agent become its executive director (assuming a board of health group cooperative member employers is elected for the governance)?

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No. An insurance agency or an agent may not form a health group cooperative. This would constitute a conflict of interest. Health insurance agents are appointed and generally represent the interests of the insurer.

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