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| Florida State Insurance Exchange |
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Summary:
Current Status in Establishing Exchange:
State will default to federally-run exchange.
Decision Process:
Executive order
Exchange Funding:
· Florida’s Agency for Health care Administration was given a federal Exchange Planning grant of $1 million in 2010, but has since returned the grant.
Benchmark Plan:
- Florida has not chosen a benchmark and will default to the largest small-group plan, Blue Cross Blue Shield of Florida BlueOption PPO.
Additional Information:
- Governor Rick Scott has long been an opponant of the ACA and has rejected funding opportunities available to states from the federal government.
- Florida Health Choices, a 2008 initiative, sets up an insurance marketplace from small businesses by county.
- The federal government will assume full responsibility for running a health insurance exchange in Florida beginning in 2014, unless the state decides to operate either a state-based exchange or state-federal partnership exchange. If Florida opts for a state-based exchange, it must submit an exchange blueprint consisting of a declaration letter signed by the Governor and an application to the U.S. Department of Health and Human Services (HHS) by December 14, 2012. If, instead, the state opts for a partnership exchange, it must submit a blueprint by February 15, 2013.
For More Information:
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