Why do they call them Co-ops when they don't have a product, insurance in this case, which they

[patrice]

market to themselves and to others?

Aren't these just going to be just buying clubs, re-packaging and re-selling existing health insurance products?

How does that reduce the cost of health insurance when it just adds another layer of insurance delivery jobs?

So co-ops "buy" coverage wholesale from Ins Co, and Ins Co gives them special rates on the types of coverage the co-ops buy, so there is some reduction in the cost to us there, but it seems that even if the co-ops were non-profit they'd still eat up any cost advantage in just overhead. Sounds like a pretty good deal for Ins Co though, because they then get nearly the same amount of business without having to sustain the overhead for it themselves.