States and territories seeking to establish a health insurance exchange, funded under the Affordable Care Act, will be required to submit an application for approval during the fall of 2012, the Department of Health and Human Services has announced.
In a notice available now and being published on Nov. 10, HHS estimates the application will take an average of 211 hours to complete. States and territories must demonstrate operational readiness through virtual and on-site reviews.
"Given the innovative nature of exchanges and the statutorily-prescribed relationship between the HHS Secretary and states in their development and operation, it is critical that the Secretary work closely with states to provide necessary guidance and technical assistance to ensure that states can meet the prescribed timelines, federal requirements and goals of the statute," according to the notice.
Register or login for access to this item and much more
All Health Data Management content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access