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Five Republican Governors Reject State-Run Health Markets

Five Republican governors rejected on Friday a major provision of President Barack Obama's healthcare reform law that calls on U.S. states to set up online health insurance markets where consumers can purchase private coverage at federally subsidized rates.

By David Morgan, Reuters | Updated on November 19, 2012

WASHINGTON (Reuters) – Five Republican governors rejected on Friday a major provision of President Barack Obama’s healthcare reform law that calls on U.S. states to set up online health insurance markets where consumers can purchase private coverage at federally subsidized rates.

That makes it likely that the federal government will establish its own markets, known as healthcare exchanges, in those states and potentially supplant state control of private individual insurance markets.

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