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VOL. 128 | NO. 174 | Friday, September 06, 2013

Mississippi to Set Up Business Health Insurance Market

JEFF AMY | Associated Press

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JACKSON, Miss. (AP) – Mississippi Insurance Commissioner Mike Chaney says he's going ahead with plans for a small business health insurance exchange.

The move comes after federal officials issued a rule last week allowing states like Mississippi that didn't get a plan approved earlier to offer individual insurance to offer policies to businesses.

Chaney's effort to run an individual marketplace was blocked by Gov. Phil Bryant, a fellow Republican. Bryant opposes participation in the federal health overhaul known as the Affordable Care Act. As a result, the federal government will run Mississippi's individual market.

But the law also provides for unsubsidized online marketplaces for businesses with fewer than 50 employees. Chaney says he has the power to run such an exchange without Bryant's approval.

Chaney says the market will be ready by early 2014.

Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 87 87 14,804
MORTGAGES 80 80 19,410
FORECLOSURE NOTICES 22 22 3,817
BUILDING PERMITS 142 142 35,472
BANKRUPTCIES 62 62 14,096
BUSINESS LICENSES 62 62 5,053
UTILITY CONNECTIONS 99 99 21,532
MARRIAGE LICENSES 37 37 4,594

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