State Obamacare Exchanges ‘Sustainable’ Without Federal Aid, Official Tells Congress
Dec 9, 2015 2:46 PM
State insurance exchanges are healthy financially even without the federal funding that ran out this year, a top Obama administration official told a House subcommittee Tuesday. “All states are sustainable today,” said Andy Slavitt, acting administrator for the Centers for Medicare & Medicaid Services. He refused to predict if any of the remaining 13 state exchanges would eventually need to shift to the federal exchange.