What is an Exchange?

An Exchange is a marketplace for individuals and small businesses to shop for insurance. These exchanges will offer a choice of standardized health plans and allow consumers to compare plans based on price and needs. The Exchanges are intended to provide a more competitive health insurance marketplace and provide consumers with a neutral party to assist with plan enrollment, information, and eligibility determination for any subsidies.

Click the below link to view where States are at in the development of their Exchanges.

http://healthreform.kff.org/en/the-states.aspx

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