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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