What Is A Health Insurance Exchange?

In case you haven't heard, major reform implementation is coming in October 2013. This change is optional for you this year.  We will be agents for you whether you are entitled to a subsidy through the exchange or not.  We will provide you with options for keeping your current plan and what new plans are available.

The Affordable Care Act is expected to help increase access to health care. Health insurance exchanges will be an important part of that.

Most people get health insurance through their employers. But people without this option will now be able to shop for health insurance on exchanges, as an alternative to buying coverage directly from individual health insurers. Exchanges will be open for business in October 2013, allowing consumers to shop for health plans that will begin on January 1st.

Click on the video below to watch and find out more.

Experts predict that by 2016, more than 25 million people will use exchanges to buy health insurance.

We are anticipating the opportunity to provide a review of health insurance options both on and off the exchange after October 1st.  However, the government has not yet extended the paperwork needed to set this up.  About half of the deadlines for the PPACA implementation have been missed.  There is a possibility of a delay in the marketplace.  We will keep you updated in our newsletters.

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