The health insurance exchanges would allow Americans to buy and compare health plans in one all-encompassing marketplace. Some states have already moved toward establishing their own exchanges, and have been allowed several areas of flexibility thus far.
For example, states can either run their exchange through an existing state agency, or a new non-profit entity established by the state can run the exchange. Additionally, a state can open or limit its exchange for any health insurer, according to the report. If states don’t implement health insurance exchange guidelines by 2014, the federal government would step in and design the layout on the state’s behalf.
More Articles on Health Insurance Exchanges:
Oregon Lawmakers Approve Plans for Health Insurance Exchange
Rep. Dave Camp Questions $111B Increase on Exchange Spending
HHS Awards $229M to 10 States in Newest Round of Insurance Exchange Grants
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