HB518 Alabama 2023 Session

Summary

Primary Sponsor

Reed Ingram Representative

Republican

Session

Regular Session 2023

Title

Regarding health insurance; to provide for a state health care exchange pursuant to the federal Affordable Care Act; to establish a governing board of directors and an executive director and require the board to operate the exchange; and to provide for coordination with and assistance from the Department of Insurance. B

Description

The federal Affordable Care Act provides that each state may establish its own health insurance exchange. Health insurance exchanges are intended to educate the public about health insurance options and serve as a marketplace in which employers, families, and individuals may purchase health insurance coverage offered by different insurers. Since the implementation of the Affordable Care Act in 2013, Alabama has not established such an exchange.

This bill would create a health insurance exchange for the State of Alabama.

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Subjects

Affordable Care Act, establish state-based health insurance exchange