Health insurance exchange participation by states encouraged by Obama

Health insurance care reform confusion debate

Health Care Reform

The President and his administration are working to change the remind of reluctant states.

Throughout the week, the Obama administration has been working to try to encourage the states that have been reluctant to take control of their own health insurance exchange marketplaces to move forward as time starts to run low before the deadline for acting on this important provision of the healthcare reforms.

This marketplace is designed to help millions of Americans to obtain affordable coverage.

The U.S. Department of Health and Human Services will be meeting four times throughout the month regarding different regions and the issues regarding the health insurance exchange implementation. These marketplaces are a key feature to the success of health care reform that were first made legal in 2010 and which were upheld by the Supreme Court in June.

The health insurance exchange meetings started this week and will continue through August 22.

They will be held in Washington, D.C., as well as Atlanta, Chicago, and Denver. According to experts, states that are debating whether or not to run their own health insurance exchange are starting to run out of time in which to make their final decision. If they choose to operate their own marketplaces, they will receive federal government subsidies in order to assist them to create and run these regulated online locations where individuals, families, and small businesses can shop for the best coverage rates.

As the law requires the federal government to establish and run the health insurance exchange for any state that does not do it, itself, it could mean that the administration is facing the significant task of accomplishing this goal for dozens of states. This is leading many people to wonder if there might be a delay in the final implementation of this central portion of the healthcare reforms.

The health care exchange systems for each state are meant to make certain that, under the Patient Protection and Affordable Care Act, over 30 million more individuals will be able to obtain and afford the coverage that they require for their medical wellbeing within their financial limitations. If everything goes according to plan, the open enrollment for consumers will begin in October 2013 and coverage and full implementation will start on January 1, 2014.

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.