Health Insurance Exchange Explained
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What is a health insurance exchange.
Health insurance exchange explained. Luciano lozano getty images. Health insurance exchange explained the healthcare exchanges are marketplaces where you can choose the type of insurance that best meets your needs. Private health insurance companies list their health plans with the exchange and people comparison shop on the exchange from among the available health plan listings.
Your state legislature made that decision. A health insurance exchange otherwise known as a health insurance marketplace is a comparison shopping area for health insurance. The number of private exchanges established by benefit companies and health insurance carriers has grown in recent years.
The health insurance exchange is one of the most important concepts in federal health reform and julie appleby of kaiser health news offers a helpful primer on the exchanges with details on how. A health insurance exchange is an online marketplace where consumers can compare and buy individual health insurance plans. Obamacare requires most americans to obtain health insurance by 2014 and millions will be buying coverage from health insurance exchanges.
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