With the two-year anniversary of the Affordable Care Act this week, the Louisiana Budget Project has released a fact sheet reminding Louisiana legislators and other interested parties that several important policy decisions and milestones lie ahead as the state and federal government move to set up a new health insurance exchange.
This exchange will be a new, regulated marketplace where individuals and small businesses can comparison-shop for private health insurance. To make coverage more affordable, premium tax credits will be available for families with incomes up to four times the federal poverty level. As many as 350,000 Louisianans could get coverage through the exchange.
“A successful health insurance exchange will encourage competition among insurance providers and will provide high-quality, comprehensive coverage at affordable rates,” said Jan Moller, director of the Louisiana Budget Project.”