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Bill

Bill

SB 98

Relating to: conversion of cooperative associations organized to establish and operate nonprofit plans or programs for health care into service insurance corporations.

2025-2026 Regular Session Introduced by Mary Felzkowski and 2 co-sponsors

Wisconsin law now permits health care cooperatives to convert into nonprofit service insurance corporations, restructuring their regulatory framework and governance model.

Published 8-9-2025
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WeVote Research Nonpartisan
Bill Summary · SB 98

Legislative bill overview

SB 98 allows cooperative associations in Wisconsin that operate nonprofit health care plans or programs to convert into service insurance corporations. The bill establishes the legal framework and procedures for this organizational transformation, enabling these entities to restructure while maintaining their nonprofit status and health care mission.

Why is this important

This conversion mechanism affects how health care cooperatives operate and are regulated in Wisconsin. The change may impact governance structures, regulatory oversight, member protections, and the operational flexibility of organizations serving health care consumers and providers through cooperative models.

Potential points of contention

  • Regulatory transition – Shifting from cooperative association rules to service insurance corporation rules may alter member voting rights, governance transparency, and accountability mechanisms
  • Consumer protections – Changes in regulatory oversight could affect how member complaints are handled, reserves are maintained, and solvency is guaranteed
  • Member status – The conversion may change what rights and benefits cooperative members retain versus what converts to insurance policyholder status

Compiled from official sources — confirm details with the bill’s official record.

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