Health care insurance marketplace

The health care insurance marketplace is a platform where individuals and families can compare and purchase health insurance plans. It was created to improve access to coverage, often providing a range of options that meet different needs and budgets. The marketplace also offers financial assistance, such as subsidies, to help lower-income individuals afford coverage. Managed by government agencies like the federal or state governments, it simplifies the process of finding and enrolling in suitable health insurance plans, ensuring consumers have access to necessary medical care and protections against high medical costs.