The newly enacted Health Reform law is taking hits again. The House Republicans voted to repeal grant funding for a part of the health care law that would create insurance exchanges across the states. These marketplaces would let individuals and (small) businesses shop and compare policies and their prices. The Republicans voted to deny the funding for the insurance marketplace plan, which is a key element of the reform law. The Republicans feel that it gives too much power to the government to set coverage and plan details. The Republicans…
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Health Care Reform Timeline – The clock is ticking!
Many states are currently locked in the legislative throes of establishing a new health insurance exchange, as mandated by the Affordable Care Act. While states are not required to have a fully functioning exchange in place until 2014, the government has issued a mid-term deadline. Kathleen Sebelius, secretary for the Department of Health and Human Services, says that the deadline is slated for some point in 2012. If states cannot show that they have made sufficient progress in establishing exchanges the federal government will take over the plan. Several states…
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