Massachusetts ‘s Health Benefit Exchange Decision
Former Governor Mitt Romney announced that the state would operate the Massachusetts health insurance exchange. The state is one of several that were selected for early innovator grants and support by the federal government to establish a working model for an exchange. Massachusetts has received conditional approval from the Department of Health and Human Services to operate the exchange. Final approval will be granted once the state demonstrates the ability to meet Affordable Care act provisions. An advisory board will govern state exchange operations.
Exchange Criteria and Resources
Massachusetts residents can find web site resources through the state at https://www.mahealthconnector.org/portal/site/connector. The exchange maintains health plan management activities. Resources are available to educate residents on qualifying health plans, rates, and available premium tax credits and subsidies. Health plans contain essential health benefits as required by the healthcare law.
Individuals can purchase health plans to avoid Affordable Care Act individual penalties through the Massachusetts health insurance exchange. Enrollment is scheduled to be open in October of 2013 with coverage beginning in 2014. Qualifying health plans will be available for individuals, families, and businesses.