A Wyoming Senate committee has voted to advance a bill that would give lawmakers until 2013 to decide whether the state should create its own health care exchange. The committee voted Wednesday to send the bill to the full Senate. The federal government's health insurance overhaul requires states to form an exchange by 2014 or the federal government will step in. A committee of state lawmakers, health-care representatives and members of the public has been trying to determine if it would be cost-effective for Wyoming to form its own exchange and how one would be managed. Exchanges allow small businesses or individuals to band together to form a pool when buying insurance coverage, which advocates say can minimize insurance risks and keep costs down.
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