Government contractor MAXIMUS and its partner Connecture will lead the building of Minnesota’s state insurance exchange under a $41 million contract.

Insurance exchanges for all states, whether built by the states or by the federal government, are mandated under the Accountable Care Act to ease the selection and purchasing of health insurance. MAXIMUS is an eligibility and enrollment services administrator for Medicaid and CHIP programs, and Connecture is a vendor of Web-based insurance shopping, enrollment and administration software. The firms teamed in May 2011 to go after state insurance exchange business. The combined product line for a complete insurance exchange is called State Advantage.

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