Senators ask for exchange failure refundsNews added by Benefits Pro on May 15, 2014
BenefitsPro

Benefits Pro

Joined: September 07, 2011

My Company

By Allison Bell

A pair of Senate Republicans have come up with a new way to draw attention to public exchange failures.

The lawmakers, Sens. John Barrasso, R-Wyoming, and Sen. Orrin Hatch, R-Utah, have introduced the “State Exchange Accountability Act.”

The bill, which didn’t have a number at press time, would require states that give up on efforts to develop state-based Patient Protection and Affordable Care Act exchanges to pay federal grants back to the government over a 10-year period.

Officials in states such as Maryland and Oregon already have decided to cancel exchange website projects and shift to HealthCare.gov in 2015.

HHS awarded a total of $4.7 billion in exchange construction grants, act supporters say, citing Congressional Research Service figures.

Four exchanges facing significant problems have spent $474 million in grant money, supporters say.

“It’s only fair that states have to pay American taxpayers and the federal government back for their total incompetence,” Barrasso said in a statement.

Originally published on BenefitsPro.com
The views expressed here are those of the author and not necessarily those of ProducersWEB.
Reprinting or reposting this article without prior consent of Producersweb.com is strictly prohibited.
If you have questions, please visit our terms and conditions
Post Press Release