The Obama administration assured U.S. Lawmakers that they will meet the October 1 deadline to begin open enrollment on the Insurance Exchanges (now called Marketplace).
The exchanges were created as a part of the Affordable Care Act to provide the uninsured a place to go to compare and ultimately purchase a health plan. If a consumer is eligible for financial assistance, they must purchase coverage through the exchange.
There has been much doubt that the exchanges will be ready in time for the open enrollment due to the complexity of the law and the fact that no details have been released on how the exchanges will actually work.
To read more go to http://www.businessweek.com/news/2013-02-14/insurance-exchanges-are-on-track-health-official-says
The Rockwood Company - Insurance Brokers since 1896 - To find out more about healthcare reform and how it affects your business, please feel free to contact us at ddoe@rockwoodco.com or 312-621-2215.
