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Health Insurance Exchanges

What Exchanges Will Do:

Exchanges will:

  • Make premium and cost-sharing subsidies available for more affordable coverage.
  • Be limited to US citizens and legal immigrants.
  • Be available to small businesses with up to 100 employees, and in some states up to 50 employees.
  • Require plans participating in the exchange to offer benefits that meet a minimum set of standards.
  • Offer varying levels of standard coverage offered by each plan that vary based on premiums, out-of-pocket costs, and benefits beyond the minimum required plus a catastrophic coverage plan.
  • Allow individuals and employees to select from competing plans once an employer has selected a standard benefit package.

Additional information on exchanges is available at http://waysandmeans.house.gov.   

 

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