Sec. 5-10. Exchange functions.
121 words·~1 min read·
/il/chapter-215/act-122/5-10A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Sec. 5-10. Exchange functions.
(a)The Illinois Health Benefits Exchange shall meet the core functions identified by Section 1311 of the Patient Protection and Affordable Care Act and subsequent federal guidance and regulations.
(b)In order to meet the deadline of October 1, 2013 established by federal law to have operational a State exchange, the Department of Insurance and the Commission on Government Forecasting and Accountability is authorized to apply for, accept, receive, and use as appropriate for and on behalf of the State any grant money provided by the federal government and to share federal grant funding with, give support to, and coordinate with other agencies of the State and federal government or third parties as determined by the Governor.