The Affordable Care Act (ACA) has stated that all exchanges and marketplaces must be ready and available to the public by October 1, 2013, with enrolled insurance policies going into effect on January 1, 2014. Exchanges will serve the populations that are currently without insurance, those with limited insurance plans, small business owners and there employees, and those who want to comparison shop or switch policies from their current policy. These hubs of insurance will be the central access point for insurance information and plan selection within each state.
At this point there are still a lot of operating details undetermined and awaiting clarification from either the federal government or the state governing entity responsible for the marketplace. Here are some of the challenges that the healthcare industry is facing: