New York (CNNMoney) - States have until Friday to decide whether they will set up health insurance exchanges, a key provision of President Obama's controversial health reform law.
The health exchanges, which are scheduled to open their doors in 2014, will create online marketplaces where individuals and small businesses can find more affordable insurance plans. Uninsured Americans whose incomes range from 100% to 400% of the federal poverty level will be eligible for federal subsidies.