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April 04, 2013 at 10:23 AM
The District of Columbia Health Benefit Exchange Agency wants to find out what companies might sell medical insurance and dental coverage through the D.C. exchange.
The agency has put out a request for letters of intent from would-be D.C. exchange coverage issuers.
The letter would be non-binding, meaning that a carrier could send a letter of intent and then be free to deciding against trying to sell coverage through the exchange, officials said.
The letters are due April 15.
The Patient Protection and Affordable Care Act of 2010 (PPACA) requires the U.S. Department of Health and Human Services (HHS) to set up exchanges for residents of all 50 states and the District of Columbia by Oct. 1.
The District of Columbia intends to set up its own exchange.
PPACA also requires issuers of all non-grandfathered individual and small-group health coverage to shift to a new approach to underwriting in 2014. Carriers in those markets will not be able to use personal health information when deciding whether to issue coverage, and they will be able to make only limited use of personal health information when pricing coverage.
