New Jersey Gov. Chris Christie has vetoed an in-state health insurance exchange program that would be created under the guidelines of the Affordable Care Act (ACA), according to an article by Reuters. It is Christie's second veto of a state-level health care exchange.
New Jersey is among 18 states that have rejected the requirement of the healthcare law in which states can create markets where private, federally subsidized private health insurance is available to residents.
Christie said he had concerns about New Jersey's ability to manage the program and cloudy cost estimates.
A December 14 deadline was set by the U.S. Department of Health and Human Services for states to decide on a state-based, federal, or partnership exchange, the article noted. It is estimated that 18 states will run their own state-level exchanges and 18 will utilize the federal exchange.
