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.
CSU Lowers Atlantic Hurricane Forecast to ‘Well Below Normal’ 
Ryanair Passenger Partly Sucked From Jet After Window Breaks 
What 124 Future Business Leaders Really Think About AI and Work 
US P/C Industry Books Best Result in a Decade but Not All Lines Enjoy Success 
