Statement from Health Republic CEO Dawn Bonder Regarding Closure of Health Republic of New York
Lake Oswego, Ore. (Sept. 25, 2015)
We are disappointed to learn that Health Republic Insurance of New York is closing operations. It is important to make clear that while we share a common name, we are a completely independent company. We are not financially connected to Health Republic Insurance of New York or any other CO-OP. Their closure will have no effect on our current or future operations. We are growing steadily and sustainably. We proudly provide health plans to more than 800 small businesses in Oregon.
About Health Republic Insurance
Unlike traditional health insurance companies, Health Republic is a 501(c)(29) private non-profit governed by its members, and by law must reinvest all profits back to its programs, including providing better care and lower costs for members. Health Republic provides access to health care in all parts of Oregon through the statewide Providence Network. This partnership offers members an extensive group of providers, practitioners, and facilities, including 60 hospitals and thousands of providers, labs, imaging locations and physician clinics throughout Oregon and SW Washington. To learn more, visit www.healthrepublicinsurance.org