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Alaska Won't Fund Health Insurance Exchange

July 17, 2012, Juneau, Alaska - Governor Sean Parnell today announced that Alaska will not create a state-run health insurance exchange under the new federal health care law. His announcement came after the State of Alaska completed a study on health insurance exchange planning.

“Allocating state dollars and personnel to design and implement an exchange is the most expensive option,” Governor Parnell said. “It doesn’t make sense to spend Alaskans’ dollars to set up an exchange when so much uncertainty exists about how to implement it and how to gain federal approval. Federally mandated programs should be paid for by federal dollars.”

The federal law requires exchanges to be established by 2014.

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