Wednesday, October 3, 2012

Obamacare's Insurance Exchanges: Mixed Feelings from States

WaPo:  Many States Not Willing to Operate Exchanges

According to The Washington Post, many states have fallen behind on planning their health insurance exchanges.  Furthermore, some states are declining to operate exchanges altogether, instead opting for the federal government to run their exchanges for them.  Although the exchanges are legally required to be operating by October 2013, only 13 states and the District of Columbia have formally expressed their intention to operate their own exchanges.  

Health insurance exchanges are a major part of Obamacare (Affordable Care Act).  The exchanges are supposed to include a "one-stop-shop" website for health insurance (akin to Orbitz).  Furthermore, individuals and families will be required to shop on the exchanges if they wish to take advantage of government subsidies for health insurance.

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