Rejected – Chaney feels “betrayed” after Feds reject proposed Mississippi health exchange

Federal officials have rejected Mississippi’s proposal to create a state-run insurance exchange, Insurance Commissioner Mike Chaney said Thursday.

“I am sorely disappointed in the denial of federal approval,” Chaney said during a news conference. An exchange is an online marketplace where people can buy health insurance.

Chaney said he had tried to work with the White House to win approval, but “I feel betrayed at this point.”

Clarion Ledger