VT Wins Conditional Approval on Health Insurance Exchange

Vermont has won conditional federal approval for its plan to build a consumer-friendly health insurance marketplace or exchange.

Vermont is now one of 17 states to get the okay from a division of the U.S. Department of Health and Human Services.

They are now on track to have a health exchange ready for business by October.

The Director of Health Reform in the state says much work remains to get it up and running.

Insurance companies have to submit bids for what kinds of products they want to offer and at what prices.

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