To put it into legal terms that current health insurance exchange is an agency created by the Patient Protection and Affordable Care act. The intent being to provide individuals and small employers with a means by which the can compare health care insurance policy costs, choose the one that best fits their needs and then purchase the coverage at rates that will fit into their budget.
While these exchanges were intended to be run by each individual state, if a state chooses not to have an exchange they can participate in a multi-state exchange that is run by the Department of Health and Human Services. If you would like to know more about the Health Insurance Exchange and about your other choices for health insurance you can visit us at Benefit Packages for more information and to get your free health insurance quote.