PROVIDENCE – Rhode Island and other states will play a significant role in implementing the sweeping health care reform bill passed by the House of Representatives on Sunday, Bloomberg News reported.
Starting in 2014, the bill calls for Rhode Island and other states to create and manage health insurance exchanges, or online marketplaces where health insurers will sell their plans to consumers.
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States will be able to determine whether premium increases are justified and keep plans deemed overpriced off the exchanges. They also will be allowed to merge exchanges together to create regional ones.
Massachusetts already has an insurance exchange, known as the Connector. It was created as part of the Bay State’s 2006 health care overhaul.
The House passed President Barack Obama’s $940 billion health care overhaul, which will began reducing the deficit during the next decade, according to the Congressional Budget Office, with no Republican support.
