Insurance Exchange Bill Headed To Governor Otter's Desk
Twin Falls, Idaho ( KMVT-TV / KTWT-TV ) The long debated health insurance exchange bill has come to an end.
The Idaho state senate passed the bill 23 to 12 on Thursday; the measure is now headed to the Governor’s Office.
Idaho legislators have chosen to run the health insurance program rather than letting the federal government take control.
Once Governor Otter signs the health insurance exchange bill, health insurance in the state will change.
President of Magic Valley Insurance David Wilcox is gearing up for a state based insurance exchange, which will go into effect October 1, 2013.
"The state has a lot of work ahead of them, they have to put together this health insurance exchange that Governor Otter and the legislatures just now authorized. They have to put together a program that coordinates with the federal government,” said David Wilcox, Magic Valley Insurance.
Lawmakers are busy at work writing the rules on how the exchange will work.
"The next step would be establish the exchange which is to name the board, which is appointed by the Governor and confirmed by the Senate. They're in charge of writing bylaws and forming their own organization” said Rep. Clark Kauffman.
However, will everyone be affected by the exchange?
"People will be affected if you have insurance or if you don't have insurance. You may have the opportunity to sign-up for new insurance starting in October with the coverage becoming active in January. If you have a plan now, you maybe be able to keep that and that plan might be modified” said Wilcox.
The Governor’s Office told us governor otter is expected to sign the bill sometime next week.