Utah Offers to Split Health Insurance Exchange

Utah Gov. Gary Herbert said Wednesday that he’s made a new offer to Health and Human Services Secretary Kathleen Sebelius: His state will run half of a health insurance exchange, and let the federal government run the other half.

Washington has been trying for months to coax states into running their own exchanges where individuals and small businesses can shop for insurance policies and apply for tax credits towards the cost of premiums. The federal government has also been preparing to step in and run them on states’ behalf if they refuse, as 32 have done. The exchanges are called for under the 2010 health care law.

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Source: The Wall Street Journal