Minnesota Residents to Try Out Health Care Exchanges Starting Monday
Minnesota residents will be able to test prototypes of several insurance exchanges on Monday, when the exchange models are made available online for public review, according to a Minnesota Public Radio report.
The health insurance exchanges are mandated through healthcare reform and must be set up by states by 2014. The exchanges will allow consumers to "comparison shop" for coverage in an online marketplace. The Minnesota exchange is expected to launch in approximately three years.
Several companies will put their prototypes online for public review today. Bloomington-based Ceridian will post a prototype that simulates shopping on an exchange for customers. Virginia-based Maximum has produced a video that will provide a guided tutorial about the exchange experience.
Minnesota has not yet decided if the exchange will select the health insurance plans to be offered, or if the exchange will be open to all plans that meet selected requirements.
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