Exchanges (B) Subgroup
The Exchanges (B) Subgroup was established as a result of section 1321 of the Patient Protection and Affordable Care Act of 2010 (PPACA). Section 1321 of the PPACA provides that the Secretary of Health and Human Services, in consultation with the NAIC and its members and with health insurance issuers, consumer organizations, and such other individuals as the Secretary selects in a manner designed to ensure balanced representation among interested parties, issue regulations setting standards for: 1) the establishment and operation of Exchanges, including SHOP Exchanges; 2) the offering of qualified health plan through the Exchanges; 3) the establishment of the reinsurance and risk adjustment program; and 4) such other requirements as the Secretary determines appropriate. |