What Are Exchanges?

(Here is the youtube link to view separately: http://www.youtube.com/watch?v=T15yFxn5QAc

Exchanges are simply the markeplace where you can purchase an “exchange plan”. Only exchange plans are eligible to receive government aid, known as “subsidies”, to help pay for your health insurance. However, exchange plans are very small “HMO’s”, which have a very small network of doctors.

If you are not eligible to receive a subsidy, you are much better off purchasing an “off exchange plan”, since they are much larger networks.

ALL of the new health insurance plans, regardless of being “on exchange plans” or “off exchange plans” have the same new benefits that the government now mandates MUST be included in in the new health insurance plans.

Click on the “subsidies” link at the top of this page to determine if you are eligible to receive a subsidy.