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CT Receives $107 Million for Health Insurance Exchange

The Affordable Health Care Act – also known as Obamacare, mandates the exchange.

Connecticut received $107 million in federal dollars to begin setting up a health insurance exchange. The state is one of eight in the nation that has progressed the furthest in setting up an exchange, which could open in 2014.   

An exchange is a place where people could shop for health insurance. According to the Christian Science Monitor’s guide to health exchanges, “they’re an attempt to inject some retail competition into a marketplace that today is not exactly teeming with bargains.” The Supreme Court so states are now moving forward with the exchanges.

The $107 million dollars transferred from Washington D.C. to Connecticut will be used to hire staff and consultants to help get the exchange running. Much of the funding will be used for informational technology services that would, according to the Health and Human Services Department, be used to check “eligibility, enrollment, and information exchange among individuals, employers, insurance carriers, and state and federal government agencies.”

“We continue to support states as they move forward building an Exchange that works for them,” said Secretary Kathleen Sebelius, of Health and Human Services. “Thanks to the health care law, Americans will have more health insurance choices and the ability to compare insurance plans.”

The states that received new grants include California, Connecticut, Hawaii, Iowa, Maryland, Nevada, New York, and Vermont.

onceuponanewtown August 23, 2012 at 09:23 PM
Wow $107,000,000 would pay for a lot of health care! I wonder how much of this will be spent on staff and consultants???
Big Family August 23, 2012 at 10:04 PM
"Affordable Health Care Act-also known as Obamacare" I wish I could LMAO but there is nothing funny about it. Just take a look at the EIGHT states that have "progressed" no big surprise here. Now lets see how a new Government bureaucracy carves up the $107,000,000 of "federal dollars" (you know, our tax dollars) We now have a new program, Obamacare that can not begin without mugging Medicare. We need to start over with healthcare and develope a bill that we can read and know what's in it before it gets passed...what a concept.
Thomas Crafts August 23, 2012 at 10:04 PM
Do we get to keep it when obamacare is repealed?
Thomas Aquinas August 23, 2012 at 10:27 PM
Ask Romney who came up with the idea....... Since Obama's plan was modeled on Romney's, some conservatives remain wary of the former Massachusetts governor. Some GOP activists were angered when a Romney spokeswoman touted the Massachusetts plan on Fox News earlier this month.

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