Assembly Committee Clears Health Insurance Exchange Bill

The first in a long series of steps toward healthcare reform was taken yesterday, when a bill that will introduce sweeping changes to the way insurance is sold in New Jersey was voted out of an Assembly committee. It defines a health insurance exchange, an online marketplace where individuals and small businesses will buy coverage starting in 2014, when federal healthcare regulations will make insurance mandatory for most Americans. The bill was moved over the objections of health insurers and business trade groups, but with strong support from consumer advocates. http://bit.ly/yyoF2K