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Governor says time's run out to create state-run health care exchange

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Michigan is out of time to create its own health care exchange, according to Gov. Rick Snyder's office.


The federal health care law requires that states set up a website to assist residents when purchasing health insurance. The online exchange would be designed to help individuals and small businesses comparison shop for insurance policies.


November 16 is the deadline for state governments to show how they intend to operate these exchanges in 2014.


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