Guam Gets $1M Health Exchange Grant From U.S. Department of Health

128

Guam – Congresswoman Madeleine Bordallo has announced that the Government of Guam will receive $1 million in an Exchange Planning and Establishment Grant from the U.S. Department of Health and Human Services. This grant will allow the Guam Department of Revenue and Taxation to survey small businesses and collect data on insured and uninsured employees—including those who might be eligible to participate in the Exchange, and those whom are eligible but not currently enrolled in Medicaid or an employer’s coverage. The funds received today were appropriated through the Affordable Care Act of 2010, which authorized State Planning and Establishing Grants to help states and territories establish health insurance exchanges.

The Affordable Care Act will create a Health Insurance Exchange in each state by 2014. Guam and the territories are eligible to opt into the exchanges in 2014 and $1 billion was appropriated to assist resident of the territories in purchasing health insurance through these exchanges. If the Government of Guam elects to not participate in a health insurance exchange, those funds will be used to supplement Guam’s Medicaid program. The funding received today will help to study if an exchange would be beneficial on Guam and how it could be implemented in the future.

“The grant received today is an important step forward in improving the delivery of health care services on our island,” said Congresswoman Bordallo.  “I commend the Guam Department of Revenue and Taxation for their work in securing these funds. I look forward to our community’s participation in these surveys, and, reviewing the results once research is complete.”