The Patient Protection and Affordable Care Act (ACA) is a federal law that includes health insurance exchanges for states to subsidize. An exchange provides a place for people to purchase health insurance, and it reduces the number of uninsured people in the United States.
The exchange program is an ambitious plan by the Obama administration to reduce the number of uninsured Americans. Under the Affordable Care Act, all America citizens are required to have health insurance. To create a new health care marketplace, President Obama created the Health Insurance Exchange. States received grants from the federal government to help fund the creation of their health care exchange.
The exchange provides a place for people to comparison shop for quality medical services, receive financial assistance, and learn about discounts and insurance plans available in their region. Each state has different requirements for creating an effective health care marketplace. For example, some states require more telephone lines while others have strict guidelines for how many computers they must use. Each state selected their own way of creating an effective health care marketplace. All states completed their work on creating an effective Health Insurance Exchange by 2016, and now all Americans have access to a health care marketplace.
The exchange program is an ambitious plan by the Obama administration to reduce the number of uninsured Americans. Under the Affordable Care Act, all America citizens are required to have health insurance. To create a new health care marketplace, President Obama created the Health Insurance Exchange. States received grants from the federal government to help fund the creation of their health care exchange.
The exchange provides a place for people to comparison shop for quality medical services, receive financial assistance, and learn about discounts and insurance plans available in their region. Each state has different requirements for creating an effective health care marketplace. For example, some states require more telephone lines while others have strict guidelines for how many computers they must use. Each state selected their own way of creating an effective health care marketplace. All states completed their work on creating an effective Health Insurance Exchange by 2016, and now all Americans have access to a health care marketplace.
