Feds ask state exchanges to grade themselves

Managers of the 17 new state-based public exchanges program will have to send formal annual reports to Washington starting April 1, 2015.

Officials at the Center for Consumer Information & Insurance Oversight — the arm of the U.S. Department of Health and Human Services responsible for overseeing the start of the exchange program — has described the annual reporting system in a fact sheet aimed at exchange managers.

HHS already asks the state-based Patient Protection and Affordable Care Act exchanges to publish enrollment data and other performance data in a standard format every month.

HHS also will require the exchanges to send in quarterly “performance metrics” reports, annual metrics reports and regular reports on use of federal grant money.