NEW YORK, Nov. 27, 2012 /PRNewswire/ -- With the deadline next month for states to provide plans and declare whether they will run a state-based health insurance exchange or rely on one from the federal government, Paul Hencoski, KPMG Principal and National Lead Partner for Health and Human Services, is available to offer insight and analysis on what the decision by the states means, how the exchanges will work, and the outlook on how they will be managed and operated.
Required by the Patient Protection and Affordable Care Act, the health-insurance exchanges will be state-run entities that will help the uninsured obtain affordable healthcare coverage. KPMG is currently working on various aspects of health insurance exchange projects in some 17 states. States have until Dec. 14 to declare whether they will operate their own exchange and provide details for their state-run plans. The exchanges must be operational by Jan. 1, 2014.
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KPMG LLP, the audit, tax and advisory firm (www.kpmg.com/us), is the U.S. member firm of KPMG International Cooperative ("KPMG International.") KPMG International's member firms have 145,000 people, including more than 8,000 partners, in 152 countries.
SOURCE KPMG LLP