Idaho is now one step closer to setting up state-based insurance exchange
Health and Human Services (HHS) Secretary Kathleen Sebelius announced today that Idaho has been "conditionally approved" to operate a State-based Exchange, which means the state is on track to run the marketplace in 2014.
Today’s conditional approval of Idaho’s plan follows the same type of approvals provided to Colorado, Connecticut, the District of Columbia, Kentucky, Massachusetts, Maryland, Minnesota, New York, Oregon, Rhode Island and Washington in December and approvals provided to California, Hawaii, Nevada, New Mexico, Vermont, and Utah today. Twenty states, including DC, have been conditionally approved to partially or fully run their marketplaces.
“I applaud Idaho’s work to build a new health insurance marketplace,” Secretary Sebelius said. “Idaho has made significant progress, and will be ready in ten months for open enrollment when Idahoans will be able to use the new marketplace to easily purchase quality health insurance plans.”
According to the department, consumers in every state will be able to buy insurance from qualified health plans directly through the marketplaces and may be eligible for tax credits to help pay for their health insurance.