New York Health Insurance Exchange Law Comes to a Standstill

After reaching a three-way deal with New York Gov. Andrew Cuomo and the Democrat-controlled Assembly three months ago, the Republican-led New York Senate pulled its health insurance exchange bill from the agenda, according to a Star-Gazette report.

Republican senators raised concerns about the legislation at the last minute, saying they were unsure of all commitments and implications of the health insurance exchanges, which are part of the Patient Protection and Affordable Care Act, according to the report.

Currently, there are no plans for the Senate to return to session. If the state is not able to set up its own exchange by 2013, the federal government will intervene to help set up the exchange.

Related Articles on Health Insurance Exchanges:

WellPoint Purchases Private Insurance Exchange
Connecticut Physicians to Form Health Insurance CO-OP
13 States That Have Passed State Health Insurance Exchange Legislation So Far

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