Health insurance marketplaces

Health insurance marketplaces are online platforms where individuals and small businesses can compare, select, and purchase health insurance plans. Created to increase access to coverage and promote transparency, these marketplaces often offer plans that meet specific standards and may include subsidies or financial assistance based on income. They simplify the process of finding coverage by providing clear information about different plans, costs, and coverage options. Managed by government or authorized organizations, marketplaces help consumers make informed decisions, ensuring more people can obtain affordable health insurance tailored to their needs.