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" Montana Ready for US Health Care Overhaul" (first to set up insurance exchanges)

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Clio the Leo Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Apr-27-10 08:26 AM
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" Montana Ready for US Health Care Overhaul" (first to set up insurance exchanges)
Mont. Ready for US Health Care Overhaul
By MATT GOURAS Associated Press Writer
HELENA, Mont. April 26, 2010 (AP)

Montana's insurance regulator told lawmakers Monday that the state's first role in implementing federal health care overhaul will go into place shortly.

State Auditor Monica Lindeen said her office will have a new high-risk insurance pool running this summer, paid for by a $16 million federal grant.

An interim committee of lawmakers will be looking at legislation needed to implement federal health care overhaul, much of which will be run and administered by the states.

Lindeen said that no new legislation is needed to set up the high-risk pool because Montana already has a similar state-run high-risk pool in place. Larger and more complex pieces — such as setting up an insurance exchange for the uninsured by 2014 — will require action from the state Legislature.

The new high-risk pool will be run alongside the existing one, which serves about 3,000 residents who have difficulty getting health insurance usually because of a pre-existing condition.

Lindeen said no state money will be used in the new effort.

She also said the cost of the insurance will be equal to the cost of health insurance in the normal market. Her office is currently working on rules and details.

"It will be an affordable rate," she said.

The federal health care reform will also use state-run insurance exchanges, offering several levels of coverage, for the uninsured to purchase with the help of upfront federal tax credits.

Lindeen said lawmakers will likely need to pass enabling legislation during the 2011 session, because the 2013 session would be too late for key deadlines. The program must be available and running by 2014.

"We may be one of the first states in the nation to figure out exactly what our exchange looks like," Lindeen said. "The rest of the nation will be looking at us."

Estimates peg the number of uninsured in Montana at about 159,000. Of those, a small portion will qualify for modestly increased Medicaid rolls, while most of the rest will get a stipend to buy the private health insurance in the exchange.

http://abcnews.go.com/Business/wireStory?id=10481777
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Change Happens Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Apr-27-10 09:23 AM
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1. People near the MT border will now move into Montana for this awesome new setup.
Good for Montana!
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Kdillard Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Apr-27-10 10:00 AM
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2. Good news. I am looking forward to seeing how the new rules play out and
What if any adjustments will need to be made over the next few years.
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Dappleganger Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Apr-27-10 11:48 AM
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3. Good news, we will be watching that's for sure! nt
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Orsino Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Apr-27-10 12:09 PM
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4. I, for one, welcome our new socialist militia rancher overlords. n/t
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BlueIdaho Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Apr-27-10 12:13 PM
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5. Meanwhile Idaho...
Stands with the teabgger states trying to take the federal government to court over Health Care Reform...

What a bunch of idiots we have here.
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SpartanDem Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Apr-27-10 03:31 PM
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6. Way to go Montanta
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