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FBN’s Peter Barnes on which states chose to set up their own health exchange as part of the health-care law.
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Probably not -- -- -- that's another what are the key components of the health care act has its creation of health care exchanges in each state to help individuals get insurance if their employer didn't provide it.
The clock has run out today's the deadline for states to decide who will set up these mandatory exchange -- the state or the federal government Peter -- is in DC -- story Peter.
-- get -- unless that's right these health care exchanges are big part of obamacare the administration is counting on them.
To help provide insurance coverage for up to 23.
And pardon me million point three million people.
By 2016.
But as of the deadline today.
About half of the states are saying no thanks.
Eighteen states plus DC will create their own exchanges but 26 states what the federal government set them up for them and six states will set them up in partnership with the the -- and kind of tests here now some Republican governors are passing on these because they oppose oppose Obama care.
Others are waiting for for more.
Take -- feds take the risk and how much this will cost taxpayers is unclear.
We're not sure how many Americans won't roll.
And in plans through the exchange and how much and subsidies will draw down so to the extent that.
There's not a huge uptake -- and in these plans and those related subsidies.
That might not cost the -- that much in the in the near term.
-- want to show you -- one of these looks -- Massachusetts.
Has been operating in exchange for several years now under Romney care and it's supposed to be kind of like a travelocity firm buying health insurance policies sign up and shop for the plan.
With the best price and options for you and they are all supposed to be up and running by January 1 2014.
David -- thank you Peter very much so that.
