Datapoint: Mississippi to Launch State-Run Exchange

A Mississippi bill that allows the state to set up a state-based health insurance exchange recently became law despite Republican Gov. Tate Reeves opting not to sign the legislation, reported the Magnolia Tribune. The Mississippi Insurance Dept. estimated that the state could save between $137 million to $196 million over five years by switching to a state-based exchange, and both the bill’s sponsors and Insurance Commissioner Mike Chaney (R) hope the move will draw more health insurers to participate in the state’s Affordable Care Act exchange. The implementation of Mississippi’s new state exchange is unlikely to occur “until at least 2025,” per the Magnolia Tribune. Just over 207,000 people are currently enrolled in an exchange plan in Mississippi, with Centene Corp. leading the pack at 85% market share.

Source: AIS’s Directory of Health Plans

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