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January 5, 2015

Lewiston insurer continues rapid growth

file PHOTo / Amber Waterman Maggie Kelley, director of care management and quality at Maine Community Health Options, and CEO Kevin Lewis, on the third floor of Lewiston's Bates Mill Storehouse No. 2. MCHO's success in its first year comes as it meets the demand in Maine under the federal Affordable Care Act.

Lewiston-based Maine Community Health Options is continuing to grow after exceeding membership goals in its first year and capturing the majority of the market in the state’s federally run health insurance exchange.

The Lewiston Sun Journal reported that the health insurance co-op now has more than 40,000 members — far more than the 15,500 forecast in 2014. It dominated the Affordable Care Act marketplace in its first year, taking 80% of all Mainers who signed up for health insurance using the exchange.

MCHO’s rapid growth is also represented in its workforce. At 129 employees, that’s more than twice it had a year ago and nearly 50 more from when Mainebiz profiled the company last June. In addition, the health insurance co-op now does business in New Hampshire.

"For most Mainers, health insurance is about a lot more than the insurance product. It's really more about health, and a sense of security and well-being," Kevin Lewis, MCHO’s CEO, told Mainebiz for the June 2014 feature.

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