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SD Oks 3 Companies For Health Insurance Exchange



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South Dakota insurance regulators have certified three insurance companies to sell policies through a new exchange being set up as part of the national health care overhaul.

The Division of Insurance says it has certified Avera Health Plans, Sanford Health Plan and DAKOTACARE, which is associated with the South Dakota State Medical Association.

Officials say the federal government still has to approve the insurance plans before they can be part of the South Dakota exchange.

South Dakota is letting the federal government set up the exchange, which is an online marketplace to help people buy affordable health insurance. People can start shopping for insurance on the exchanges Oct. 1.

Officials say rates for the South Dakota plans will be on the state Insurance Division's website by Saturday.
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