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Samantha Liss
Reporter- St. Louis Business Journal
The federal government will run a health insurance exchange in Missouri.
The state of Missouri will not run an online state-based insurance exchange that is supposed to go live in 2014, St. Louis Public Radio reports.
On Tuesday, voters approved Proposition E, which limits the governor from setting up an exchange by requiring legislature approval. Without approval, Gov. Jay Nixon announced he will tell the federal government Missouri will not set up its own exchange. Nov. 16 is the deadline for states to report to the feds how they'll run the exchange.
Unlike Missouri, Illinois is one step closer to setting up a state-based health insurance exchange, a provision of the 2010 Affordable Care Act (ACA), which will allow small businesses and individuals to purchase health insurance and compare prices online. Crain’s reports that the state of Illinois is reviewing five bids to set up the exchange.
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