SB 418

Makes organizational changes to GS 58-2-40, which lists the duties of the Commissioner of Insurance (Commissioner), including recodifying subdivision (2) as new subsection (b). Enacts a new subsection (c) to require the Commissioner to establish a State-run Health Benefits Exchange (Exchange) pursuant to the federal Patient Protection and Affordable Care Act, PL 111-148 as amended, or other applicable federal laws and regulations. Grants the Commissioner authorities related to the creation, implementation, and operation of the Exchange, including making program, rule or policy changes; applying for and accepting federal moneys; and creating advisory boards or committees.