Wednesday, September 26, 2012

Health Insurance Exchange Update: Wednesday, September 26th

South Dakota Governor Dennis Daugaard announced Wednesday that the state will not be setting up its own health insurance exchange. According to Gov. Daugaard, the only way the state would be able to operate the costly exchange would be to raise taxes or charge a fee to South Dakota citizens. But South Dakota is not the first state that the federal government will operate and fund, apparently half of the states will choose not to run their own exchange.  

Governor Rick Scott has never been one to hold his tongue regarding the federal healthcare insurance program, and in turn it’s the residents of Florida that he’s hurting. The exchange will be a resourceful place for individuals to compare plans, and also ask questions so that they can find the best healthcare plan tailored for their needs. Many governors across the U.S. that have spoken out against the program are setting their political views aside and realizing that it’s wise to keep their options open. 

Despite fighting hard against President Obama’s Healthcare law, and even signing an executing order banning the implementation of it, Idaho still lost. Since the law was found to be constitutional the governor must now move forward, but it won’t be easy. Wayne Hoffman, president of the Freedom Foundation has made it a priority that all decisions are fully reviewed and discussed.

Want to learn more about the health insurance exchange? This November, the Health Insurance Exchange Congress will be held November 13-14, 2012 in Chicago, IL.  Here, state officials and health plans with the only opportunity to come together to discuss PPACA and strategize on how to make this a successful opportunity for all.  For more information on this year's agenda, download the program here.  As a reader of this blog, when you register to join us and mention code XP1710BLOG, you'll receive 15% off the standard rate!  

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