Connecticut Sets Up Health Exchange for Small Businesses

Posted on 05. Jul, 2011 by in Blog, connecticut, What we're reading

Being a small business, this legislation will give a way for us to work our way out of the overpriced health insurance we pay. Too bad we have to wait 3 years. The following was posted on the Hartford Business Journal website July 5, 2011.

“Governor Dannel P. Malloy has signed legislation establishing the framework for Connecticut health insurance exchange.┬áThe legislation creates a quasi-public agency, with a 14-member board that will manage the exchange, including an online marketplace where individuals and employers with up to 50 workers can compare and purchase health insurance plans that, starting in 2014, meet federal requirements, The Associated Press reports.

The exchanges are set to open for business in 2014. ┬áThe Connecticut exchange would certify, re-certify and decertify health benefit plans, provide enrollment periods, maintain a website offering standardized comparative information on health plans and screen applications to determine eligibility for Medicaid, the state Children’s Health Insurance Program or other state public insurance programs and enroll eligible applicants.”

 

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