Affordable Care Act
How Health Insurance Exchanges Work under Obamacare
Published on February 28, 2018
Health insurance exchanges, also called health insurance marketplaces, are organizations that help consumers shop for and purchase health insurance.
Watch our video on where to enroll in an “Obamacare” health plan
Health insurance exchanges under Obamacare
The Affordable Care Act (the ACA or “Obamacare”) gives consumers more ways to purchase health insurance. In addition to buying from licensed agents or directly from the insurance company, consumers are also able to purchase certain kinds of plans through state-based health insurance exchanges or marketplaces. Some states have created their own exchanges, while the federal government built exchanges for other states.
In addition to state exchanges, private online marketplaces like eHealth offer a broad range of plans from a number of different insurance companies to meet your individual needs. Depending on where you live, you may be able to purchase certain types of plans using a subsidy. You can purchase health insurance through a private online marketplace licensed in your state, or through your state’s government-run health insurance exchange.
Although eHealth is a private exchange, we have an agreement with the federal government, so we can help people enroll in subsidies through a streamlined process in most states. This means, you can still get government subsidies even if you buy through eHealth, but you also get the personal help, advocacy, and advice after enrollment that comes with a licensed agent/broker.
What health insurance exchanges offer