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Health Benefit Exchange

Bill # SF 391, HF 559
Bill Name Health Benefit Exchange
House Action Passed Committee
Senate Action Passed Committee
Final Action

None

Details
Bills create health benefit exchanges (HBEs) to be operated by the Iowa Insurance Division.  Requires any HBEs established to request a five-year waiver from the US Secretary of Health and Human Services of the certification requirements for health benefit plans to enable the HBE to offer certain mandate-free health plans.  Also requires all persons that enroll in a qualified health insurance plan through the exchange to do so through a licensed insurance producer  and pay the insurance producer a fee of at least 5.0%.  Bills authorize an exchange to select entities to serve as “navigators” and to award grants to enable navigators to conduct public education activities and guide individuals through the enrollment process.  Must make data available to the public relating to fees and administrative costs of the exchange. Exchanges are required to be in place by January 1, 2014 by 2010 Patient Protection and Affordable Care Act (PPACA).

 

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