WCCO EYE4 LOGO WCCO Radio wcco-eye-blue01, ww color blue

Local

Budget Model Uncertain For State Health Exchanges

View Comments
(credit: Jupiter Images)

(credit: Jupiter Images)

CBS Minnesota (con't)

Affordable Care Act Updates: CBSMinnesota.com/ACA

Health News & Information: CBSMinnesota.com/Health

Today's Most Popular Video
  1. 4 Things To Know For July 22, 2014
  2. This High-Tech Cooler Is 'The Coolest'
  3. Police Seek Pawn Shop Robbers Who Shot Worker
  4. Closing Arguments Expected Today In Ventura Trial
  5. What's Your Favorite Place In St. Paul?

ST. PAUL, Minn. (AP) — The 14 states that are running their own health insurance marketplaces are supposed to pay for themselves starting next year, but there could be trouble ahead.

The federal government covered start-up costs until the exchanges could get off the ground.

But some may not be able to cover costs starting in 2016. Enrollments have been lower than expected, which means lower revenues.

Some states have said they might need more federal money, like Rhode Island.

Minnesota, Oregon and Washington have all pledged cost-cutting to stay out of trouble. And Washington state might increase its tax on insurance companies.

It’s possible some of the states will be in better shape with big enrollment gains by March 31. That’s when people have to sign up for insurance or face federal tax penalties.

(© Copyright 2014 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.)

View Comments
blog comments powered by Disqus