UPDATE: 11/16/2012 5:35PM
COLUMBUS, Ohio (AP) - Ohio won't set up its own health insurance exchange, but is instead opting for a partnership with the federal government to run the new insurance market.
Republican Gov. John Kasich wrote in a Friday letter to the Obama administration that states lack flexibility to build and manage their own exchanges and that setting them up is too costly. He also said that regardless of who runs an exchange, the end product is the same.
Kasich's administration has indicated for months that Ohio was leaning in this direction. State officials have noted their continued misgivings about the federal health care law, including what they say is a lack of information.
Kasich says Ohio will continue to regulate the health insurance market, oversee health plans, and make decisions around Medicaid eligibility.
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Health Care Exchange specifics are happening across the Country. While the Mountain State has established their own, they're still ironing out some specifics.
It's all part of the Affordable Care Act put in place by President Barrack Obama. The exchange helps people and small businesses find affordable health care coverage by choosing from a private market.
It's all just the beginning, West Virginia Representative John Ellem says lots of questions are left like the cost of it all, like the cost and medicaid.
West Virginia has brought in a Health Benefit Exchange Board to help the state officials better understand the exchange and serve the state.
For much more on this all in West Virginia you can visit: http://bewv.wvinsurance.gov/
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