The U.S. Department of Health and Human Services (HHS) says it wants to let states perform the health insurance exchange-related functions they really want to perform and have HHS handle the other functions.
Officials from the Center for Consumer Information and Insurance Oversight (CCIIO), an HHS arm that is overseeing HHS implementation of many components of the Patient Protection and Affordable Care Act of 2010 (PPACA), talked about the proposed federal-state partnership program today at a meeting for regulators from states using HHS grants to explore the idea of setting up health insurance distribution exchanges.
If PPACA takes effect as written and works as drafters expect, the exchanges are supposed to help individuals and small groups use a new system of tax-credit subsidies to buy private health coverage buy 2014. HHS has said that a state can choose to be home to one exchange or several exchanges, or let HHS take care of providing exchange services for its residents.
Continue Reading for Free
Register and gain access to:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.