Health insurance exchange investments breach $1 billion

Cost of health insurance rates

States showing progress towards exchanges despite uncertainty concerning health care reform Though the fate of the Affordable Care Act is still undecided, states continue to work to comply with one of the law’s primary provisions: The establishment of health insurance exchanges. The law dictates that states must have fully functioning exchanges in place by 2014 or they will lose the ability to govern these insurance marketplaces to the federal government. Some states have chosen to delay they work on an exchange program until the fate of the health care law…

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Colorado approves federal grant for health insurance exchange

Legislators in Colorado have approved of a $18 million grant from the federal government that will help the state build its own health insurance exchange in a 9-1 vote late last week. The money will be used to fund the Colorado Health Benefit Exchange, which aims to provide a virtual marketplace where consumers can find affordable insurance products. Earlier this year, lawmakers approved of the building of an exchange and assigned a group of legislators to oversee the exchange and determine the benefits it would bring to the state’s insurance…

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