“While plenty of states opted out of launching their own state-based insurance exchanges following the passage of the Affordable Care Act (ACA), a collection of states is coming back around to the idea.”
“In a new report from Georgetown University Health Policy Institute’s Center on Health Insurance Reforms (CHIR), researchers interviewed stakeholders in those states to paint a picture of why they might undergo such a costly and complex process after many struggled to operate one following the initial rollout of the ACA.”
“The main reason? Cost savings, the report found.”
“But an additional six states are planning to launch their own within the next several years, with Nevada up first in time for open enrollment to begin Nov. 1. Maine, New Jersey and Pennsylvania are aiming to launch their exchanges in time for the 2021 plan year, and New Mexico is eyeing a 2022 plan year timeline. Oregon hasn’t set a tentative date for its exchange, though the state is also pursuing one, according to the report…” Read the full article here.
Source: Handful of states mull getting off HealthCare.gov for their own exchanges – By Paige Minemyer, October 10, 2019. FierceHealthcare.