Today, we are entering the next phase in implementing the health reform law. The Department of Health and Human Services (HHS) announced a proposed framework to assist states in building Affordable Insurance Exchanges.

Exchanges are State-based competitive marketplaces where individuals and small businesses will be able to purchase affordable private health insurance and have the same insurance choices as Members of Congress. Insurance companies will compete for business on a transparent, level playing field, driving down costs. Exchanges will have the same purchasing clout as big businesses and will give consumers a choice of plans to fit their needs.