The Administration of the new health law sent a memo out giving Flexibility for State Run Exchanges. This is in response to the Governor’s Letter to HHS early this week.
The memo is stating that the states already have the power to set up the exchanges as they see fit. The Governors letter points out some serious issue and there need to be more than just memo addressing them.
The exchanges are going to change the way people purchase health insurance and what option they have available. There is real concerns that the exchanges will not be competitively priced. There is also some fear that the carriers could decide not to participate in the exchanges but compete against it.