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.
Topics Louisiana
Was this article valuable?
Here are more articles you may enjoy.
State Farm Adjuster’s Opinion Does Not Override Policy Exclusion in MS Sewage Backup
The $10 Trillion Fight: Modeling a US-China War Over Taiwan
Experian Launches Insurance Marketplace App on ChatGPT
How One Fla. Insurance Agent Allegedly Used Another’s License to Swipe Commissions 

