Insurance Exchanges Are on Schedule, U.S. Official Says
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The Obama administration will meet an Oct. 1 deadline for setting up new state insurance exchanges, said a top U.S. health official who met skepticism from lawmakers at a congressional hearing today.
The exchanges, created by the 2010 U.S. health-care overhaul, are online marketplaces where people will be able to compare and buy government-subsidized insurance. Their scheduled implementation next year has been called into doubt because of the complexity of the law and opposition in some states.