This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

RI Health Exchange In Middle Of 'steady Build'


PROVIDENCE, R.I. (AP) â¿¿ The director of the new state health insurance exchange being created as part of the federal health overhaul says that it is on track to begin enrolling Rhode Islanders this fall and that it should offer patients a larger role, additional choice and more affordability in their health care.

Christine Ferguson said the exchange â¿¿ an online insurance marketplace designed to help individuals and small businesses buy health coverage â¿¿ is in the middle of a "steady build." That includes everything from the technology needed to allow people to enroll online to the outreach that will be done to get people to use it.

The exchanges, which are being rolled out in every state, are a centerpiece of the federal Affordable Care Act, the biggest addition to the social safety net in the U.S. since Medicare and Medicaid in 1965 and an attempt to get coverage to about 30 million Americans who lack it.

"At a time over the last 20 years when everything's been contracting at the state level, we're talking about creating some new capacity," Ferguson said in a recent interview with The Associated Press. "I think that that offers us a wonderful opportunity."

Rhode Island is one of 18 states building its own exchange and is using about $74 million in federal funds. The new health care law requires most individuals to have insurance as of Jan. 1, provides subsidies to help pay for it and penalizes those who don't get it. Businesses with 50 or more employees also will be required to offer coverage, or likewise face a penalty.

State officials say about 126,000 Rhode Islanders are uninsured in a population of just over 1 million â¿¿ about 12 percent. Through the exchange and an expansion of Medicaid, the government program that provides health coverage for low-income individuals, Rhode Island hopes to eventually achieve near universal coverage.

1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $94.97 1.40%
FB $117.95 -0.52%
GOOG $695.33 -0.41%
TSLA $236.00 -2.40%
YHOO $36.08 -1.20%


Chart of I:DJI
DOW 17,741.68 -149.48 -0.84%
S&P 500 2,061.50 -19.93 -0.96%
NASDAQ 4,767.6290 -49.9650 -1.04%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs