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State Exchanges and the Cost of ObamaCare

State Exchanges and the Cost of ObamaCare

In his second inaugural address on January 21, 2013, President Barack Obama stated that “we must make the hard choices to reduce the cost of health care and the size of our deficit.” With regard to health care, all indications are that the price of health insurance will increase as a result of ObamaCare, with the federal government attempting to pass along these costs to the states by asking them to implement state-run health insurance exchanges.