Around the Region
Subcontractor insurance coop OK’d
The state Division of Insurance has certified the Associated Subcontractors of Massachusetts as a buying cooperative, enabling the trade group to offer health insurance from private carriers at lower rates for its member businesses. The new ASM Health Insurance Coop, which will also offer a wellness program intended to improve health and cut down on future medical expenses, is the third purchasing cooperative approved by Massachusetts insurance regulators under a 2010 law signed by Gov. Deval Patrick.