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CMS awards $1.5 billion in exchange grants to states

January 17, 2013

The Department of Health and Human Services today awarded 11 states additional grants to establish health insurance exchanges, or marketplaces, under the Patient Protection and Affordable Care Act. One-year grants went to Delaware ($8.5 million), Iowa ($6.8 million), Michigan ($30.7 million), Minnesota ($39.3 million), North Carolina ($74 million) and Vermont ($2.2 million). Multi-year grants, available to states further ahead in the process, went to California ($673.7 million), Kentucky ($182.7 million), Massachusetts ($81.3 million), New York ($185.8 million) and Oregon ($226.5 million). To date, 34 states and the District of Columbia have received the Exchange Establishment Grants, available through 2014. The Department of Health and Human Services yesterday launched a website called the Health Insurance Marketplace, www.healthcare.gov/marketplace, where people will be able to enroll in qualified health plans offered by the exchanges beginning in October 2013.