State officials told lawmakers on Monday that this option appears best under the federal health care overhaul.
An exchange is supposed to allow individuals and small businesses to combine their buying power so they can obtain coverage from private insurers. S
tates have until Friday to decide whether to run their own exchanges.
At least 16 states and
Republican legislators remain opposed to the federal overhaul. They questioned the exchange's cost to
Other lawmakers believe a state-based exchange would allow more control over its policies.