Gov. Bobby Jindal’s administration in Louisiana is opting out of creating the state insurance exchanges included in the new federal health overhaul, instead deciding the federal government should administer them.
State Department of Health and Hospitals Secretary Bruce Greenstein confirmed the decision, saying Louisiana is the second state to make such a decision.
The exchanges are insurance markets that will allow consumers to pick a subsidized private plan from a range of coverage levels and options. They are supposed to be up and running – either by the state or federal government – by 2014.
Greenstein says federal officials have provided too few details about how the exchanges should be run. He says he expects insurance premiums to increase under the exchange and doesn’t want state officials to be blamed.
Topics Louisiana
Was this article valuable?
Here are more articles you may enjoy.
Insurance Issue Leaves Some Players Off World Baseball Classic Rosters
AIG’s Zaffino: Outcomes From AI Use Went From ‘Aspirational’ to ‘Beyond Expectations’
Q4 Global Commercial Insurance Rates Drop 4%, in 6th Quarterly Decline: Marsh
What Analysts Are Saying About the 2026 P/C Insurance Market 

