NH State (Federal?) Exchange: H.B.1297

H.B. 1297 says that its purpose is to “preserve the state’s status as the prmary regulator of the business of insurance within New Hampshire,” and that no NH state agency shall plan, create or enable a state-based exchange for health insurance under the Affordable Care (health reform) Act.  At the same time, however, the new law does allow state officials, the NH DOI, to interact with the federal government concerning the creation of a federally facilitied exchange for New Hampshire.
We will see how this turns out, because the Commissioner of the Department of Insurance still has authority to regulate all insurance products sold in the state.