Gov. Bobby Jindal’s administration in Louisiana is opting out of creating the state insurance exchanges included in the new federal health overhaul, instead deciding the federal government should administer them.
State Department of Health and Hospitals Secretary Bruce Greenstein confirmed the decision, saying Louisiana is the second state to make such a decision.
The exchanges are insurance markets that will allow consumers to pick a subsidized private plan from a range of coverage levels and options. They are supposed to be up and running – either by the state or federal government – by 2014.
Greenstein says federal officials have provided too few details about how the exchanges should be run. He says he expects insurance premiums to increase under the exchange and doesn’t want state officials to be blamed.
Jeremy Engdahl-Johnson says: 
Agent says: 
Oklahoma Schools Destroyed by Tornado Lacked ‘Safe Rooms’
Connecticut Court Rules That Lawyers Can’t Be Sued for Fraud
Wage and Hour Claims Among Top Threats to U.S. Employers
Cyber Attacks On Banks More Serious Than Public Realizes
E&O Insights: Restaurant and Tavern Risks
CEA’s First CIO Reflects C-Suite Trend
Golf and Country Clubs Weather the Storm
Midwest AGs Go After Storm-Chasing Roofing Companies
Sign up to receive insurance news alerts!
