24 states OK’d for health marketplaces

health human services logoTwenty-four states and the District of Columbia have been cleared to establish Health Insurance Marketplaces under the sweeping Affordable Care Act.

Iowa, Michigan, New Hampshire and West Virginia are the latest states to get the green light to run State Partnership Marketplaces, the federal Health and Human Services department said. The exchanges will be open for business come Oct. 1.

Under the health-insurance reform law, states can create and run their own marketplace, or have a marketplace supported by the Department of Health and Human Services. California, the first to win approval, calls its marketplace Covered California.

“HHS will continue to work collaboratively with all states to build the Marketplace,” HHS secretary Kathleen Sebelius said. “Working together, we will be ready in seven months when consumers will be able to use the new marketplace to easily purchase quality, affordable health insurance plans.”

View the list of states with conditional approval for Health Insurance Marketplaces.

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