Territory Cooperative Agreements for the Affordable Care Act Exchanges

The summary for the Territory Cooperative Agreements for the Affordable Care Act Exchanges grant is detailed below. This summary states who is eligible for the grant, how much grant money will be awarded, current and past deadlines, Catalog of Federal Domestic Assistance (CFDA) numbers, and a sampling of similar government grants. Verify the accuracy of the data FederalGrants.com provides by visiting the webpage noted in the Link to Full Announcement section or by contacting the appropriate person listed as the Grant Announcement Contact. If any section is incomplete, please visit the website for the Ofc of Consumer Information and Insurance Oversight, which is the U.S. government agency offering this grant.

Territory Cooperative Agreements for the Affordable Care Act Exchanges: This cooperative agreement Funding Opportunity Announcement is intended to assist Territories with initial implementation activities related to the health insurance Exchanges (?Exchanges?). ?Territories? means American Samoa, Guam, Northern Mariana Islands, Puerto Rico and the United States Virgin Islands. This announcement provides funding to Territories that comply with Section 1323(a)(1) and 1323 (b) of the Affordable Care Act (P.L. 111-148) by (1) electing to establish an Exchange and (2) establishing an Exchange in accordance with part 2 of Subtitle D of Title I of the Affordable Care Act. The Affordable Care Act provides that, consistent with Sections 1323 and 1311(b) of the Affordable Care Act, each Territory may elect to establish an Exchange that: 1) facilitates the purchase of qualified health plans (QHP); 2) provides for the establishment of a Small Business Health Options Program (?SHOP Exchange?) designed to assist qualified employers in facilitating the enrollment of their employees in QHPs offered in the SHOP exchange; and 3) meets other requirements specified in the Act.