www.WDIO.com

Minn. Ready For Deadline on Health Marketplace

Posted at: 11/16/2012 4:50 AM

ST. PAUL, Minn. (AP) - Minnesota is ahead of many other states facing a federal deadline Friday to declare whether they will set up a health care marketplace to help people and small businesses get private insurance.

Democratic Gov. Mark Dayton began pushing to develop a state-tailored health insurance exchange shortly after taking office in early 2011.

The state has received more than $70 million in federal grants, and much of Minnesota's progress report is online for consumers to see.

The Legislature is expected to make major decisions early next year, including how to pay for the exchange after federal money goes away and who will run it.

Many other states are just deciding whether to develop their own health insurance marketplaces or get a one-size-fits-all model from the federal government.

(Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)