OLYMPIA, Wash. (AP) — The Washington state Legislature has passed a bill setting rules for insurers preparing for the state's online insurance exchange.
State insurance exchanges are a key piece of the federal health care overhaul signed into law by President Obama in 2010. The state exchanges for individual and small-group plans are set go live January 1, 2014.
Insurance exchanges will work as online marketplaces, such as those widely used for airplane tickets and hotels, where consumers can compare different plans' coverage options and prices.
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