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Memphis Business Journal: Tennessee receives $1.5M grant to help establish Affordable Insurance Exchanges
11/30/2011
The U.S. Department of Health and Human Services announced today that Tennessee is one of 13 states receiving a total of $220 million in grants to plan for new Affordable Insurance Exchanges.
The exchanges were created by the Affordable Care Act, and are meant to serve as “one-stop marketplaces where consumers can choose a private health insurance plan,” as described in a press release today from HHS.
TennCare, the state’s Medicaid program, received $1.5 million to continue planning the state’s exchange. The funds will also provide continued funding for two full-time and one part-time employee.
A total of 29 states are now moving forward with the creation of the exchanges.



