Governor Robert Bentley has signed an Executive Order creating the Alabama Health Insurance Exchange Study Commission. Bentley says the commission will study and make recommendations on the most effective way for the state to move forward with the establishment of the Alabama Health Benefits Exchange.
"My vision for a health insurance exchange started before federal health care reform," Bentley said. "The Alabama Insurance Exchange should enable us to better manage the cost of health care while also providing Alabamians with more choices for health insurance coverage."
Alabama must be ready to implement the major provisions of the Patient Protection and Affordable Care Act by 2014.
The commission must address several issues including: the type of entity that should house the insurance exchange, the make-up of its governing board, an analysis of resources needed for operating and sustaining the Alabama Exchange, the specific functions of the Exchange, and the effects of the interactions between the Alabama Exchange and relevant insurance markets, existing health programs and agencies like Medicaid and Public Health.
The Commission will consist of 14 members and must present its recommendations to the Governor and the Legislature by December 1, 2011.