Health Insurance Exchange in Idaho and Rhode Island Move Closer to Reality

//Health Insurance Exchange in Idaho and Rhode Island Move Closer to Reality

Health Insurance Exchange in Idaho and Rhode Island Move Closer to Reality

The  Idaho Department of Insurance and the Department of Health and Welfare drafted legislation to establish a health insurance exchange.  In Rhode Island, Governor Lincoln Chafee issued an executive order establishing an Exchange.

Financing of the Idaho exchange is not included in the draft. Carriers are not required to participate in the exchange, nor does it dicate whether carriers must offer insurance inside or outside the exchange.

Summary an similar provisions of both Idaho and Rhode Island Exchanges:

  • Establish health insurance exchange for individual and small group health insurance
  • The exchange would be an independent public corporation named Idaho Health Insurance Exchange in Idaho, and in Rhode Island it is to be named Rhode Island Health Benefit Exchange.  The executive order was issued in Rhode Island because legislative attempts failed.
  • Idaho’s proposed exchange is targeted to be ready to enroll individuals by January 1, 2014,
  • Establishes a governance board
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By | 2017-05-04T04:06:53+00:00 September 27th, 2011|HIE|0 Comments

About the Author:

Michael is Managing Partner & CEO of No World Borders, a leading health care management and IT consulting firm. He leads a team that provides Cybersecurity best practices for healthcare clients, ICD-10 Consulting, Meaningful Use of Electronic Health Records. He advises legal teams as an expert witness in HIPAA Privacy and Security, medical coding and billing and usual and customary cost of care, the Affordable Care Act and benefits enrollment, white collar crime, False Claims Act, Anti-Kickback, Stark Law, Insurance Fraud, payor-provider disputes, and consults to venture capital and private equity firms on mHealth, Cloud Computing in Healthcare, and Software as a Service. He advises self-insured employers on cost of care and regulations. Arrigo was recently retained by the U.S. Department of Justice (DOJ) regarding a significant false claims act investigation. He has provided opinions on over $1 billion in health care claims and due diligence on over $4 billion in healthcare mergers and acquisitions. Education: UC Irvine - Economics and Computer Science, University of Southern California - Business, Stanford Medical School - Biomedical Informatics, Harvard Law School - Bioethics.
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