Which statement best describes the Federally Facilitated Marketplace (FFM)?

Which statement best describes the Federally Facilitated Marketplace (FFM)?

• A. A state-run marketplace with no federal involvement
• B. A private marketplace created by insurers
• C. A national private portal for all residents
• D. A marketplace established by the federal government to provide options to consumers to purchase health insurance, with state participation possible via FFM-P

Answer: (D)

The Federally Facilitated Marketplace is an exchange created and run by the federal government to give consumers options to buy health insurance, with subsidies where eligible. In states that don’t run their own marketplace, the federal government operates the exchange (often via HealthCare.gov), and some states participate with a partnership arrangement that lets the state take on certain functions while the federal government handles others. This description fits best because it emphasizes federal establishment, consumer access to plans, and the possibility of state involvement through a partnership, rather than being purely state-run or private.

The Federally Facilitated Marketplace is an exchange created and run by the federal government to give consumers options to buy health insurance, with subsidies where eligible. In states that don’t run their own marketplace, the federal government operates the exchange (often via HealthCare.gov), and some states participate with a partnership arrangement that lets the state take on certain functions while the federal government handles others. This description fits best because it emphasizes federal establishment, consumer access to plans, and the possibility of state involvement through a partnership, rather than being purely state-run or private.