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        <FormAndLineReferenceDesc>FORM 990, PAGE 2, PART III, LINE 4D</FormAndLineReferenceDesc>
        <ExplanationTxt>WE ARE A HEALTH INSURANCE CO-OPERATIVE FOR FRANCHISED CHILDCARE LOCATIONS IN TEXAS. WE ALLOW SMALL BUSINESSES TO OBTAIN COMPETITIVE BENEFITS FOR THEIR EMPLOYEES BY PROVIDING SCALE. WE ALLOW THE INSURANCE COMPANIES TO BILL ONE ENTITY AND THE LOCATIONS TO SPLIT OUT AND PAY THEIR RESPECTIVE PORTION OF THE BILLS INDIVIDUALLY. WE WILL ALSO ENGAGE AN INSURANCE AGENT TO NEGOTIATE ON BEHALF OF THE CO-OP TO GET THE BEST RATE. ON AVERAGE, WE WILL SPEND ABOUT 1 HOUR A WEEK ON THIS ACTIVITY. A SMALL MONTHLY MEMBER FEE IS CHARGED TO COVER PROFESSIONAL ACCOUNTING SERVICES, BANK TRANSACTIONS AND OTHER FEES. BEING TREATED AS A LARGE ORGANIZATION ALLOWS US TO KEEP COSTS DOWN FOR OUR MEMBERS.</ExplanationTxt>
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