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(l-r) Steven Davis, Kristin Jones, and Adam Petitt, of Stradley Ronon Stevens & Young. (l-r) Steven Davis, Kristin Jones, and Adam Petitt, of Stradley Ronon Stevens & Young.

On July 2, Gov. Tom Wolf signed into law a bipartisan bill creating the Pennsylvania Health Insurance Exchange Authority to operate and maintain a state-based health insurance exchange. In less than one month, with Pennsylvania’s Insurance Commissioner Jessica Altman at the helm, the bill (first introduced to the House Insurance Committee on June 4) navigated a labyrinth of legislative scrutiny with near unanimous support and approval. With the aim of lowering premiums and increasing access to health insurance, the newly created exchange will assist individuals with the purchase of health insurance plans in the individual and small group markets. This momentous effort brings Pennsylvania in line with around a dozen other states that operate their own health insurance exchanges.

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