California Health Exchange Gets Nod from the Feds

California received federal approval on Thursday, January 3, to run its own health insurance exchange – one of seven states receiving conditional approval from the U.S. Department of Health and Human Services (HHS).

The California Health Benefit Exchange board – called Covered California – submitted a plan to HHS last month estimating that the exchange could expand health insurance coverage in the state to at least 2 million people.

California was the first state to pass legislation creating a health insurance exchange after the Patient Protection and Affordable Care Act (PPACA) was passed in March of 2010. Covered California is scheduled to begin open enrollment in October of this year with coverage becoming effective January 1, 2014.