Pennsylvania’s own insurance exchange coming next year


HARRISBURG, Pa. (AP) — Pennsylvania is moving to replace the federally operated with its own website to sell Affordable Care Act-compliant policies in a bid to get more people into it and lower their costs.

Gov. Tom Wolf signed legislation Tuesday that passed the Legislature unanimously last week.

Pennsylvania is preparing to submit its plans to the federal government in the coming weeks.

Wolf’s administration expects to activate the new website next year for enrollment for the 2021 insurance year.

It says it expects it can lower premiums by 5% to 10% for the 400,000 people who buy policies in the marketplace.

Wolf’s insurance commissioner, Jessica Altman, says the savings can particularly help the roughly 80,000 people who buy policies through, but whose incomes are too high to qualify for a federal tax subsidy.

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