Health Care Reform: HHS Grants Conditional Approval to Illinois Partnership Insurance Exchange
HHS conditionally approved Illinois’s plan to operate a partnership health insurance exchange with the federal government. Beginning on January 1, 2014, the Affordable Care Act mandates the creation of state health insurance exchanges which will provide the opportunity to secure varying levels of coverage (with varying costs) in the insurance market to otherwise uninsured individuals. Beginning in 2014, individuals may enroll in a plan through the exchange operated by the state where they reside. All exchanges (including the Illinois-operated exchange) must be functional and able to accept enrollments no later than October 1, 2013.