Chaney tables insurance exchange till after the election

Plans for Mississippi’s state-run insurance exchange now are on hold pending the results of November’s general election, according to Insurance Commissioner Mike Chaney.

The decision is a complete turnaround from statements Chaney, a Republican, made Wednesday when he announced his intentions to continue work on the insurance exchange in spite of political pressure from Tea Party members and other conservatives to halt its progress.

“Presently, we are far enough along in creating a free-market exchange, without provisions of the Affordable Care Act, that we do not have to make any final decision until after the November election, at which time we can make an intelligent and informed decision,” read Chaney’s statement to The Clarion-Ledger on Thursday.

Clarion Ledger