HELENA, Mont. – Commissioner of Securities and Insurance Monica J. Lindeen today released the following statement on the deadline for states to decide whether or not to pursue state-federal partnership health insurance exchanges.
“Montana will have a federally-facilitated health insurance exchange,” said Lindeen. “Montana will not be submitting a blueprint to the federal government to pursue a partnership exchange. The partnership model can’t give Montana back the decision-making authority it lost. My top priority will remain preserving our state’s rights and making the best of this situation. I will continue to do everything in my power to make the exchanges work for Montana’s consumers, small businesses, and insurance industry.”
The health insurance exchanges are online marketplaces where individuals, families, and small businesses can shop for private health insurance plans. In 2011, Montana’s state legislature rejected two bills that would have let Montana build and operate a state-based exchange. As a result, the federal government will build a federally-facilitated exchange for Montana.