State-based exchanges

State-based exchanges are online platforms operated directly by individual states where residents can compare, buy, and enroll in health insurance plans. These exchanges typically offer a range of coverage options, help users understand their benefits, and determine if they qualify for subsidies to reduce costs. By managing their own exchanges, states can tailor the system to meet local needs, ensure compliance with regulations, and provide personalized support. Essentially, these exchanges serve as a trusted marketplace designed to make obtaining health insurance clearer and more accessible within each state.