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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Department of Health and Human Services softens 2013 deadline for insurance exchange plans
Health care reform has been an issue for several states since its came to being back in 2010. The Affordable Care Act, which was meant to streamline both the insurance and health care industries, has been met with either extreme repulsion or lukewarm favor. Those of the former opinion have been keen to strike down the provisions of the law. One provision, however, has received almost universal acceptance. While the enthusiasm of this acceptance varies, the notion of a health insurance exchange program for each state has become popular. This…
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