Nearly half of the country will have state-based health marketplaces in place for insurance customers by January of next year, a new report confirms.
According to the U.S. Department of Health and Human Services, California, Hawaii, Idaho, Nevada, New Mexico, Utah and Vermont have been given the go-ahead to start these insurance exchange programs, which are believed to provide all Americans with easy accessibility to quality, affordable health insurance. With this announcement, through the first full week of January, 20 states have been given conditional approval to have these insurance exchanges.
"States across the country are working to implement the health care law and build a marketplace that works for their residents," said Kathleen Sebelius, HHS secretary.
She added that by this time next year, virtually all of the states should have some type of insurance marketplace in effect.
Meanwhile, officials from at least 15 states have given indications that they will not run their own exchange program. It's important for insurance agents to remind their clients that even though their state may not operate them, the exchanges will still be in place by January 2014. States that opt out puts the federal government in charge of the marketplaces' establishment and implementation.