The Affordable Care Act (ACA) requires health insurance exchanges. The Illinois Policy Institute reports why lawmaker shouldn't be in any hurry to implement them.

The Affordable Care Act (ACA) permits states to establish health insurance exchanges.  These exchanges will operate as new bureaucracies to oversee the purchase of government-approved health insur­ance.  States electing to create these exchanges must comply with federal rules that will dictate virtually all aspects of the exchanges' opera­tions, says Jonathan Ingram, a health care policy analyst with the Illinois Policy Institute.

If a state chooses to establish an exchange, it will bear the full cost of running it.  While a number of people are urging states to immediately create an exchange, the reasons are based on myths, not facts.

To read the full report, click here.