Recent research discovers new health care reform marketplaces will need significant coordination

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A new study has found that the success of state insurance exchanges will depend on agencies working together. As the different states throughout the country choose whether they will be creating and running their own insurance exchanges according to the changes required by the health care reform under the Affordable Care Act (ACA), or whether they will have the federal government do it for them, the results of new research from the National Academy of Social Insurance (NASI) and Georgetown University has shown that managing and certifying the plans within…

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Report shows interest increasing for individual and group health insurance exchanges

JD Power and Associates has released its 2012 U.S. Member Health Plan Study and it revealed that in the face of the impact of the reforms to healthcare, almost four in every ten members of an employee sponsored health plan have said that they would use a health insurance exchange to shop for their insurance coverage if the opportunity was available. This is now the sixth study of its kind, which measures the satisfaction among the members of 141 different health plans within 17 American regions by looking into seven…

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Some states making major progress on insurance exchanges, while others lag behind

Throughout the U.S., progress on setting up health insurance exchanges is accelerating. As of December, 2011, 13 states had fully functional exchange programs. Several other states have legislations pending that would allow for the building of the exchanges. While many states oppose the overarching Affordable Care Act, only Arkansas and Louisiana have chosen not to build insurance exchanges of any kind. According to the law, all states must have an operational exchange program in place by 2014. As of now, 20 states are making major progress toward establishing exchanges. The…

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The criteria that states must meet for health insurance exchange marketplace

The Department of Health and Human Services (HHS) is awarding 13 states as well as Washington D.C. a total of $185 million to help to fund the planning and creation of the state-based insurance exchanges that are required by the federal healthcare overhaul. Each will receive a different amount as their portion of the total. For example, California will receive $38 million in order to create its exchange. The governors of the recipient states received a letter from secretary Kathleen Sebelius of HHS, which described the various options and resources…

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Government hopes to see action on state insurance exchanges soon despite ambiguous guidelines

The federal government is hoping that states make moves on insurance exchanges soon. Several guidelines have been released by the government to lay the framework for how states should go about building and operating the exchanges, but few have been quick to take up action. Federal law requires that states must have a working exchange program established by 2014 or the control of this program will default to the federal government. The director of the Center for Consumer Information and Insurance Oversight at the Centers for Medicare and Medicaid Services,…

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