States can now apply for grant funding from the Department of Health & Human Services, which would be used to implement health insurance exchanges that are required by the Affordable Care Act, according to a Healthcare IT News report.
This would be the second round of grants states can apply for in order to invest in health IT to deploy such health insurance exchanges. Health insurance exchanges, which are required to be up and running by 2014, are meant to assist individuals and businesses in finding and comparing health insurance options.
The first round of grants, doled out last July, totaled $51 million. Each state was eligible to receive $1 million in order to research and plan their respective health insurance exchanges and determine other operational and governance procedures. The second round of grants would be used to help the progress states have been making in establishing the exchanges.
Read the news report about health insurance exchange funding.
Read other coverage about health insurance exchanges:
- HHS to Begin Awarding "Early Innovators" Grants for States Rapidly Implementing Statewide Exchange Systems
This would be the second round of grants states can apply for in order to invest in health IT to deploy such health insurance exchanges. Health insurance exchanges, which are required to be up and running by 2014, are meant to assist individuals and businesses in finding and comparing health insurance options.
The first round of grants, doled out last July, totaled $51 million. Each state was eligible to receive $1 million in order to research and plan their respective health insurance exchanges and determine other operational and governance procedures. The second round of grants would be used to help the progress states have been making in establishing the exchanges.
Read the news report about health insurance exchange funding.
Read other coverage about health insurance exchanges:
- HHS to Begin Awarding "Early Innovators" Grants for States Rapidly Implementing Statewide Exchange Systems