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The differences between ACA's public health insurance exchange, the small-business (SHOP) exchange, and private exchanges. ~By Louise Norris~
If you’ve been paying attention to health reform news over the last few years, you’ve no doubt heard about the health insurance exchanges. You’ve probably also heard about the Small Business Health Options (SHOP) exchange, and might have heard about “private exchanges” too. What does it all mean?
Health Insurance Marketplace of Southeast Michigan - Know your health insurance exchanges
Public’ health insurance exchanges
The ACA included a provision for every state to have a public health insurance exchange. Each state...
SHOP exchanges for small businesses
Small business owners will also be using the exchanges, via the SHOP portal. The SHOP exchanges are part of “the exchange” in each state...
Private exchanges are not new and are not part of the ACA. They are what brokers, insurance companies and benefits consultants have been operating for years...
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