Office of Health Insurance Exchanges Stepping Down

August 1, 2011

Uncertain if it will impact roll out of federal exchange

Head of HHS Exchange, Joel Ario is stepping down for personal reasons. Ario was responsible for developing the framework for the federal exchange that was to be the fall back if states failed to create their own exchanges by January 1, 2013. It is uncertain if his departure will impact the timeframe for the HHS exchange efforts.

A new study from the CMS actuary office projects that healthcare spending will increase by 5.8 percent per year over the next decade, 1.1 percent higher than our nations projected economic growth per year. It is estimated that by the year 2020 that 20 percent of all spending will be healthcare related.

More insightful articles are include in the NAHU August 1st 2011 Washington Update.

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