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Following SCOTUS ruling, HHS unveils 10 new implementation grants for states

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The Health and Human Services Department on Friday announced 10 new opportunities for states to apply for federal funding to set up insurance exchanges — new marketplaces where individuals and small businesses can easily shop for coverage.

The healthcare law dictates that exchanges must be up and running in each state by Jan. 1, 2014. HHS has to determine by 2013 whether each state will be able to meet that deadline on its own — the federal government will run a fallback exchange in any state that doesn't set up its own.

The new funding will be available through the end of 2014, so that states can continue building their own exchanges even if the federal government has to step in initially, HHS said in a release.