Christie vetoes state-run health exchange bill


TRENTON, N.J. (AP) — New Jersey Gov. Chris Christie has vetoed legislation establishing a state-run health insurance exchange in line with the federal Affordable Care Act.

In his veto message, Christie says Washington has failed to provide critical information or answer basic questions about each of the three health insurance exchange options available to states. He says a decision made now would be hasty and possibly detrimental to state taxpayers.

The states have until Dec. 14 to decide whether to establish a state-based exchange. Other options are to partner with the federal government or let the feds run the state exchange.

It's unclear what the veto now means for the state.

Health insurance exchanges are online marketplaces where uninsured residents can shop for health care coverage. They are a key part of the health care overhaul sometimes referred to as "Obamacare."

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