Most States Will Run Exchanges- U.S. Health Chief
The US Health Secretary, Kathleen Sebelius, said on May 11, 2011 that most states will likely provide their own health insurance marketplaces. They may also partner with neighbors to aid in the expansion of coverage as indicated under the law on the federal health reform.
According to Kathleen Sebelius, she thinks a huge margin of states will rather opt to have their own insurance marketplaces and even associate themselves in their neighboring state rather than giving it in the hands of the federal government. Her statement was given on a Wednesday, during a Reuters Health Summit.
People in vast majority of states are giving the federal court a challenge. They are challenging them to focus greatly on one requirement. It's a requirement wherein all Americans buy their own health insurance or perhaps pay a fine.
The US health secretary said that the requirement is indeed constitutional. It is justifiable by law. However, there's a downside to it. She said that there are other means to get the coverage of insurance bigger if it was smacked down.
Ever since the law was pushed and has taken its effect, the reports garnered by most health insurance companies indicate that they were doing well. According to the secretary of health, the concerns regarding that the law would fall the market apart is seemingly fallacious.
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