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Industry experts say although it seems early for states to establish insurance exchanges, they shouldn't risk waiting too long.

Reform calls for establishment of the Consumer Operated and Oriented Plan, which permits new nonprofit insurers to offer plans in individual and small group markets

New approaches sought

Dual eligibles cost federal and state governments approximately $120 billion a year.

State governments are clamoring for assistance in funding fast-expanding Medicaid programs, increasingly looking to private insurers to help them save money and improve care.