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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 This material may not be published, broadcast, rewritten or redistributed.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 67 67 10,289
MORTGAGES 107 107 13,434
FORECLOSURE NOTICES 24 24 2,668
BUILDING PERMITS 393 393 24,700
BANKRUPTCIES 60 60 9,952
BUSINESS LICENSES 16 16 3,752
UTILITY CONNECTIONS 149 149 14,706
MARRIAGE LICENSES 31 31 3,198

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