SD declines to set up health insurance exchange

The turbulent ride to health reform took another detour Wednesday when Gov. Dennis Daugaard said South Dakota would not set up an insurance exchange but instead would step aside to let the federal government come in and do it. Daugaard said an exchange would force the state to pay an unacceptable price, nearing $7 million a year. "It has become very apparent that operating our own exchange will simply not work for South Dakota," he said.