MN estimates HIE costs at $40M
Minnesota budget officials estimate it could cost the state as much as $40 million to run its health insurance exchange in 2015. The state-based online insurance marketplaces are a cornerstone of the federal health care overhaul. State officials are trying to figure out how to come up with the money. For more than a year, the U.S. government has doled out millions of dollars in federal grants to help states get their insurance exchanges off the ground and operating in 2014. So far, Minnesota has received about $70 million in federal money to build its exchange—everything from designing the exchange to hiring staff to making contracts with information technology vendors. But the gravy train stops in 2015 when state exchanges must be financially self-sustaining.
- CFO Exchange: Smartphones Poised to Disrupt Healthcare, Says Topol
- Consumerism Drives Healthcare Branding, Rebranding Efforts
- PA Ranks See 'Phenomenal Growth,' Lack of Diversity
- 3 Traits Personality Assessments Can't Reveal
- Antibiotic Overuse a 'Huge Threat' to Patient Safety, Says CDC
- CNO on Hospital Redesign: 'You Can't Over-Communicate'
- How Digital Strategy Shapes Patient Engagement at Boston Children's Hospital
- CHS Hacked, 4.5M Patient Records Compromised
- CFO Exchange: Healthcare Leaders Share 5 Innovative Ideas
- Carondelet to Pay $35M to Settle Fraud Allegations