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| Texas State Insurance Exchange |
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Summary:
Current Status in Establishing Exchange:
State will default to federally-run exchange.
Decision Process:
Executive Order.
Exchange Funding:
· A federal Exchange Planning grant of $1 million in 2010 was given to the Texas Department of Insurance. The state has since returned $900,000 of this grant to federal government.
Benchmark Plan:
· Since the state did not determine a benchmark EHB plan Texas will default to the largest small-group plan in the state, Blue Cross Blue Shield of Texas- BestChoice PPO.
Additional Information:
- The Department of Insurance and the Health and Human Services Commission explore the possible implementation of an exchange, including stakeholder feedback and public comment forums, prior to any decision.
For More Information:
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