Health exchange grant in danger


A $48 million grant from the federal government to create a health insurance exchange in Oregon is endangered.

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A $48 million grant from the federal government to create a health insurance exchange in Oregon is endangered.

Democrats say the funding is in danger because of Republicans opposition to the federal health care overhaul, while Republicans say the project is over budget and mismanaged.

An exchange would help connect individuals and small businesses with health insurance and determine whether people qualify for federal subsidies under the health care overhaul signed last year by President Barack Obama.

The federal health care overhaul requires all states to create an insurance exchange or allow the federal government to do it for them. Proponents of a state-specific exchange say Oregon should have an approach tailored to its specific needs rather than relying on a one-size-fits-all exchange from the federal government.

Read more at Businessweek.

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