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The Associated Press November 17, 2010, 1:17PM ET

SC cooperative to offer health insurance

A nonprofit cooperative has been set up to help small businesses in South Carolina find affordable health insurance for their workers.

The South Carolina Health Cooperative was announced Wednesday. It will serve businesses with between two to 50 employees.

Businesses that join as members will run the cooperative that will work to negotiate lower insurance rates because of the larger pool of employees.

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