Insurers must bid to participate in Calif., Vt. exchanges

03/14/2013 | Bloomberg

Health insurers that want to sell plans on Affordable Care Act marketplaces in California and Vermont will be required to submit bids. Twelve other states running their own exchanges will not require bids. Minnesota has not decided whether it will require bidding, and Massachusetts will hold a limited auction for insurers offering state-subsidized policies for low-income residents.

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