Patient Protection and Affordable Care Act; Establishment of Exchanges and Qualified Health Plans; Exchange Standards for Employers
other · US Department of Health and Human Services · Rule · Published 2012-03-27 · Effective 2012-05-29 · 77 FR 18310
Document
Document number
2012-6125
Federal Register citation
77 FR 18310
CFR reference
45 CFR 155
Type
Rule
Action
Final rule, Interim final rule.
Category
other
Sub-agency
US Department of Health and Human Services
Publication date
2012-03-27
Effective date
2012-05-29
HHS docket
CMS-9989-F
Abstract
This final rule will implement the new Affordable Insurance Exchanges ("Exchanges"), consistent with title I of the Patient Protection and Affordable Care Act of 2010 as amended by the Health Care and Education Reconciliation Act of 2010, referred to collectively as the Affordable Care Act. The Exchanges will provide competitive marketplaces for individuals and small employers to directly compare available private health insurance options on the basis of price, quality, and other factors. The Exchanges, which will become operational by January 1, 2014, will help enhance competition in the health insurance market, improve choice of affordable health insurance, and give small businesses the same purchasing clout as large businesses.