05 Jan 2013

MISSISSIPPI HEALTH INSURANCE EXCHANGES

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On November 14, 2012, Mississippi Commissioner of Insurance, Mike Chaney declared the state’s intention to establish a state-based exchange to the U.S. Department of Health and Human Services. Mississippi announced that its high-risk pool program, the Mississippi Comprehensive Health Insurance Risk Pool Association, will establish the state’s health insurance exchange. The independent, not-for-profit association was created in 1991 to operate the state’s high- risk pool– an insurance program that provides coverage for people who want to purchase insurance but cannot obtain it because of health conditions. Mississippi’s Insurance Commissioner Mike Chaney asked the Association to consider establishing and operating Mississippi’s health insurance exchange, and in May 2011 it agreed to do so.

In 2011, HB 377 extended the operation and reporting deadlines of the Health Insurance Exchange Study Committee, created by law in 2010, allowing continuation until July 1, 2014. The panel will examine issues related to exchanges including the effects on insurance carriers, populations needing coverage, its ability to reduce the number of uninsured, projected costs, and models from other states.

For more information about the Mississippi Comprehensive Health Insurance Risk Pool Association, visit http://www.mississippihealthpool.org/index.php. For more Mississippi health exchange details, http://www.statehealthfacts.org/profileind.jsp?cat=17&sub=205&rgn=26 .

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