Health Insurance Marketplaces are designed to make the health insurance market more transparent, accessible and competitive. They provide a platform for individuals and families to compare health insurance plans from different providers and choose the coverage that works best for them.

The Marketplace provides access to high quality, comprehensive health insurance that meets the requirements of the Affordable Care Act. All health plans must cover essential health benefits, including preventive care, emergency care, hospitalization, prescription drugs, laboratory services and mental health services. Consumers who purchase health plans in the Marketplace are also eligible for additional protections such as no-cost preventive care, the ability to buy insurance regardless of pre-existing conditions, and additional cost-saving measures like tax credits.

The Marketplace also helps insurers provide more competitive rates to consumers and offers cost-sharing options that may reduce out of pocket costs.

For small businesses, the Marketplace offers a number of cost-saving options to help them offer health insurance to their employees and stay competitive. Small businesses in states that have a Marketplace can offer their employees more plan options, compare and compare costs, and choose plans that are the most beneficial for their business.

The Health Insurance Marketplace is designed to make health insurance coverage more accessible and affordable for individuals, families and small businesses alike. It provides consumers with the power to compare their options, search for plans and find the coverage that works best for them. With the combination of the exchanges, tax credits, and other cost saving measures, the Marketplace provides more opportunities for Americans to benefit from quality, affordable health insurance.