Tuesday, January 25, 2011
U.S. to send more insurance exchange money to states
According to a Reuters article, the federal government has made grant money available to U.S. states that are seeking to open marketplaces for health insurance. Through these exchanges, individuals, families and small businesses will be able to buy affordable health insurance with insurance companies competing for business by lowering their premium charges. The law requires that these exchanges be set up by 2014.