Texas Insurance Exchange Debate Looms As ACA Upheld

Law360, New York (June 28, 2012, 9:13 PM ET) -- Following Thursday’s decision by the U.S. Supreme Court upholding the Patient Protection and Affordable Care Act, Texas leaders — many of whom oppose the law — now must decide how to introduce a state-regulated insurance exchange, or face further federal intervention.

The act requires the creation of state insurance exchanges designed to standardize insurance offerings and pricing and provide access to health insurance eligible for federal subsidies. If Texas refuses to create an exchange, the act authorizes the federal government to impose its own framework on the...
To view the full article, register now.