Chaney: 2014 opening planned for business health insurance exchange

Insurance chief sees summer 2014 opening of state’s business health insurance exchange

Gov. Phil Bryant’s blocking of the Mississippi Department of Insurance from working with federal officials on an individual health insurance exchange has not deterred the department from moving straight ahead with creating an exchange for small businesses — the key being the feds have no say in its creation.

The exchange — designed as a marketplace for businesses of fewer than 50 employees — is on track to open by June, or possibly earlier, Mississippi Insurance Commissioner Mike Chaney said.

“We may be able to roll it out in March,” Chaney said of what will officially be known as the Free Market Small Business Health Insurance Option.

Mississippi Business Journal
8/2/13