Q: How is the exchange going to be set up in New York and which agency will be responsible for overseeing it?
A: The state-run exchange, established by an executive order from Gov. Andrew Cuomo, is an operation of the state Health Department.
Q: How far along is New York in setting up an exchange and do officials believe one will be ready to start enrolling people by the October deadline?
A: The state told federal officials it will be ready to begin taking applications in October for coverage starting Jan. 1, 2014.
Q: How much money has New York received so far from the federal government to do the initial work in setting up an exchange?
A: New York has received $370 million in federal funds to establish the exchange, including a recent $186 million grant based on progress.
Q: How will residents access the exchange and what kind of customer support will be offered?
A: The state plans to establish a customer service center with online and phone options, with staff to help residents navigate the options. People will also be able to apply in person and by mail.
Q: How many people will the exchange employ?
A: That has not yet been determined.
— Source: New York Health Department.
If you owe under $729k you may qualify for 3.05% APR Govt Refi Plans.