Ohio Dems call for creation of insurance exchange

AP News
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Posted: Jan 06, 2012 10:19 AM
Ohio Dems call for creation of insurance exchange

Democratic state lawmakers are pushing a proposal that requires Ohio to set up the insurance exchange laid out in President Barack Obama's health care law.

Millions of uninsured Americans will be able to buy private coverage through these online supermarkets starting in 2014, with taxpayer-provided assistance to cover the cost of premiums.

The health care law requires the federal government to set up exchanges if states fail to do so.

Minority Democrats have criticized the pace in which the Republican governor's administration has worked to establish an exchange. They've introduced bills to create an agency to set up the market and oversee it.

Lt. Gov. Mary Taylor, who is also Ohio's insurance director, says it's premature to plan for an exchange without further clarification from the federal government.