November 30, 2011
Gov. Peter Shumlin announced today that Vermont has received $18 million in federal funds to design and implement the Vermont Health Benefit Exchange, a critical step toward health care reform that will hold down skyrocketing costs for Vermont families and businesses. The Exchange will be the foundation for Green Mountain Care, Vermont’s future single payer plan.
“This was great news from Washington because the $18 million federal grant will enable us to create an easy-to-use web-based system to help people find health care benefits, plan for affordable benefit packages for Vermonters, and more,” Gov. Shumlin said. “This grant will move us further along the path toward a single-payer health care system in Vermont that controls skyrocketing costs threatening Vermont families and businesses.”
The Vermont Health Benefit Exchange will vastly simplify health insurance purchasing and enrollment in Vermont’s public health care programs for many Vermonters, beginning in 2014. The federal Exchange Implementation Grant funds received today will assist Vermont to build state-of-the-art information technology system for the Exchange. The state will be able to use the same system for running the single-payer plan, Green Mountain Care. For example, the Exchange funds will build an interactive website to allow Vermonters to compare insurance plans on an apples to apples basis, similar to the way travel sites can be used to find the right time and date to take a plane trip.
The grant was approved by the U.S. Department of Health and Human Services.
Source: Office of the Governor
Last Updated at: November 30, 2011 13:53:09