A new alliance between the Iowa and Nebraska Credit Union Leagues and CoOportunity Health, a multistate co-op, is poised to offer another health insurance choice that features lower expenses and more benefits.

The Des Moines, Iowa-based CoOportunity Health is a new health insurance consumer operated and oriented plan that was created as part of the Patient Protection and Affordable Care Act to create new competition and new choice, the leagues said.

It is one of 24 co-ops approved nationwide, but the only one to serve Iowa and Nebraska. CoOportunity Health is managed by and for its members and any savings will be used to increase member benefits and lower premiums, according to the leagues.

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