Notes to SEFA
Accounting Policies: The Pennsylvania Health Insurance Exchange Authority is the reporting entity for financialpurposes as defined in Note 1A to the Pennsylvania Health Insurance ExchangeAuthoritys financial statements. The accompanying Schedule of Expenditures of Federal Awards includes the grant activityof the Pennsylvania Health Insurance Exchange Authority and is presented on the accrualbasis of accounting as described in Note 1B to the Pennsylvania Health InsuranceExchange Authoritys financial statements.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.