South Carolina has received a Planning Grant to build its Affordable Insurance Exchange.
A summary of South Carolina’s grant application is provided below:
State Planning Grant
Awarded September 30, 2010
Administrator: South Carolina Department of Insurance
Amount Awarded: $1,000,000
- Determine the feasibility of establishing a health insurance Exchange or Exchanges in this State in accordance with the provisions of the Affordable Care Act.
- Generate a final report and policy recommendations on the feasibility of establishing as insurance Exchange in South Carolina. The report will set forth:
- The issues associated with the various Exchange options (governance, administration and benefit design); and
- The advantages and disadvantages of each for South Carolina as well as the cost of each option.