The Illinois Department of Insurance has been awarded a $5.1 million federal grant to develop and maintain a health insurance exchange where consumers can shop for coverage.
The nation's new health care law requires the exchanges to be running in states by 2014
Insurance exchanges will allow people and small businesses to comparison shop online for insurance.
The grant will help Illinois design the data infrastructure. It will go toward hiring staff to plan and coordinate with consultants to create the design features.
Gov. Pat Quinn said in a statement released Tuesday that the grant will help create a good exchange and develop tools to make it easy to use.
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