Health Insurers, State Entities Face Tight Timeline to Coordinate Exchanges

Health insurers hoping to be included on states' online health insurance exchanges may have only a six-week window to tweak and submit their plans for state approval, according to a report by Kaiser Health News and NPR.

The federal healthcare law requires state insurance exchanges to be open for enrollment by Oct. 1, 2013. Since many expect HHS to release final rules for the exchanges as late as March — and states will need to approve the plans before offering them to consumers — it's likely that many health insurers will have only weeks between April and May to design appropriate plans for the online marketplaces, according to the report.

More Articles on Health Insurance Exchanges:

The Year Ahead: 10 Challenges That Will Shape Hospital Strategy
AHA: Essential Health Benefit Rules Too Flexible to Insure All
HHS Green Lights 3 More States' Health Insurance Exchange Plans

Copyright © 2024 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.

 

Featured Whitepapers

Featured Webinars