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What is a Health Insurance Exchange?

Written by: PeopleKeep Team
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Originally published on July 10, 2010. Last updated November 21, 2013.
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
Originally published on July 10, 2010. Last updated November 21, 2013.
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