Health Insurance Exchanges

Health Insurance Exchanges are online marketplaces where individuals, families, and small businesses can compare and purchase health insurance plans. They help users find coverage that fits their needs and budget, often providing access to subsidies or financial assistance based on income. Exchanges simplify the process by consolidating options from different insurers in one place, making it easier to understand plan details like coverage, costs, and networks. They are designed to increase transparency, promote competition among insurers, and improve access to affordable health coverage for those who might not get insurance through their job or other means.