State preparing for federal Exchange or state-federal partnership Exchange
Aug. 24, 2012
Gov. Snyder confirmed this week that Michigan will not pursue a state-based Exchange at this time and will instead prepare for a federal Exchange or a state-federal partnership.
The Affordable Care Act requires that every state must implement a health insurance Exchange by Jan. 1, 2014. If a state does not establish a state-based Exchange, the federal government will run the Exchange on behalf of the state. The state could still decide to apply for a formal state-federal partnership model for the Exchange. Michigan is required to inform the federal government of its intent by Nov. 16, 2012.
BCBSM has taken this information into consideration as it plans for PPACA provisions around the Exchange.
The information on this website is based on BCBSM's review of the national health care reform legislation and is not intended to impart legal advice. Interpretations of the reform legislation vary, and efforts will be made to present and update accurate information. This overview is intended as an educational tool only and does not replace a more rigorous review of the law's applicability to individual circumstances and attendant legal counsel and should not be relied upon as legal or compliance advice. Analysis is ongoing and additional guidance is also anticipated from the Department of Health and Human Services. Additionally, some reform regulations may differ for particular members enrolled in certain programs such as the Federal Employee Program, and those members are encouraged to consult with their benefit administrators for specific details.