Milestone: Develop a plan for making the Exchange financially self-sustaining by 2015
While there are federal resources available to plan and implement Exchanges, states need to develop strategies to meet the ACA requirement that Exchanges be self-sustaining after they operational.
*Milestone details:
*Full name: Develop a plan for making the Exchange financially self-sustaining by 2015.
*Relevance to the ACA:
The ACA requires that states ensure Exchanges are financially self-sufficient beginning January 1, 2015. Relevant sections include:
§1311 - Eliminates federal funding for Exchanges beginning January 1, 2015. Requires states to make certain that Exchanges are self-sustaining. Allows Exchanges to charge assessments or user fees or employ other methods to generate revenue. Prohibits the Exchange from using administrative or operational funds for giveaways, retreats or excessive compensation.
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Ohio
This report, conducted by Milliman, Inc., projects the impacts of the federal health care reform law on Ohio starting in 2014, which is when most of the law’s provisions go into effect. For more information visit www.ohioexchange.ohio.gov.
District of Columbia
Ohio’s exchange planning grant proposal project narrative describes Ohio’s plans for implementing its health insurance exchange. Highlights include plans for stakeholder involvement, identifying technical infrastructure needs, and analyzing integrating the exchange with other public programs.
Access the project narrative here:
http://www.statereforum.org/sites/default/files/ohios_project_narrative_...