A cooperative agreement has been issued by the U.S. Department of Health and Human Services (HHS) The Center for Consumer Information and Insurance Oversight Section 1311 of the Patient Protection and Affordable Care Act (P.L.111-148) authorizing funding for states, the District of Columbia and consortia of states to establish a state-operated health insurance exchanges. Eligible applicants may choose to apply for level-one or level-two establishment based on their progress. States also will be granted flexibility to choose at what point to apply for grant funding based on their needs and expenditures.
The Affordable Care Act creates new competitive private health insurance markets called exchanges providing access to affordable insurance coverage for individuals and small businesses. Exchanges will help individuals and small employers shop for, select and enrolling high-quality, affordable health plans that specifically meet their needs. Exchanges also will determine eligibility for premium tax credits and cost sharing reductions. In accordance with the law, Exchanges must be certified by January 1, 2013, fully operational by January 1, 2014 and self funded after January 1, 2015.
The grant award amount will vary based on application category and the specific needs of each State.
Kentucky's Grant Application