In the three months following the Supreme Court’s decision upholding the constitutionality of the Affordable Care Act (ACA), states have been evaluating their options under the provisions of the Act. One option involves the establishment of a health insurance exchange. Health insurance exchanges are intended to be the vehicle through which millions of Americans will obtain health insurance as mandated by the ACA. Under the ACA, each state may elect to establish an exchange to facilitate the purchase of health insurance coverage. However, states are not required to do so. If a state elects not to create its own exchange, a federally-facilitated exchange will be formed by the Department of Health and Human Services (HHS). Federally-facilitated exchanges can be established directly by HHS or through a partnership with a non-profit entity.
Continue reading Michigan to Partner with Federal Government to Create Health Exchange