Filed Under:Health Insurance, Individual Health

Official: Federal exchange plan bids due April 30

Gary Cohen (CMS photo)
Gary Cohen (CMS photo)

The U.S. Department of Health and Human Services (HHS) hopes to take bids from insurers that want to participate in the federal health insurance exchange programs from March 28 to April 30.

HHS officials hope to make decisions about which plans will appear on the exchange menus in each state in July, according to Gary Cohen, the director of the federal Center for Consumer Information & Oversight (CCIIO).

PPACA calls for HHS to work with state officials to set up a system of exchanges, or Web-based health insurance supermarkets, to help individuals and small employers shop for high-quality, affordable health coverage.

States can handle all or part of the exchange duties if they want, but HHS expects to help or take full responsibility for running exchange programs in more than half of the states in 2014.

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Nichole Morford

Nichole Morford
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