States get more flexibility and resources to set up exchanges
December 2, 2011
On Tuesday (11/29) the Department of Health and Human Services (HHS) announced that it, “awarded nearly $220 million in Affordable Insurance Exchange grants to 13 states to help them create Exchanges, giving these states more flexibility and resources to implement the Affordable Care Act.“
Following this announcement, Steve Larsen, deputy administrator of the Centers for Medicare and Medicaid Services, briefed legislators on the new HHS rules at the National Conference of State Legilatures forum in Tampa. The HHS also released an FAQ to help legislators understand the new provisions, which include the following:
- Grants can be used to build a state Exchange that is operational after 2014
- Exchanges will not be charged for accessing Federal data needed in 2014
- State insurance rules and operations will continue even if the Federal government is facilitating an Exchange in the state.
- Greater flexibility will be allowed in determining eligibility
In addition, the FAQ also covers issues relating to costs, quality requirements, program integrity and much more. If you are interested in learning more about the new provisions, you can read the HHS press release or the FAQ.
Visit Extend Health — the nation’s largest private Medicare exchange.