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What is a Health Insurance Exchange?

Written by: PeopleKeep Team
July 10, 2010 at 4:37 AM

A Health Insurance Exchange is a government-regulated marketplace of insurance plans with different tiers, or levels of coverage, offered to individuals or employers.  Supporters of Health Insurance Exchanges believe that government-regulated exchanges will increase competition and lower prices.

Currently, Utah and Massachusetts operate health insurance exchanges in their respective states.
 
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Topics: Health Exchange

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