Which term describes a site for selecting and purchasing health insurance as a result of the Affordable Care Act; can be online or at a physical site?

Which term describes a site for selecting and purchasing health insurance as a result of the Affordable Care Act; can be online or at a physical site?

• A. Medicaid
• B. Children's Health Insurance Program
• C. Affordable Care Act
• D. Health Exchange

Answer: (D)

The concept here is the marketplace created by the ACA to shop for and enroll in health insurance. This place, often called the Health Insurance Marketplace or Health Exchange, is designed so people can compare plans, enroll, and access subsidies, and it can be used online or in person at a physical site or with in-person help. Medicaid and CHIP are separate public programs for specific populations, not shopping sites for private plans, and the Affordable Care Act itself is the law, not a purchasing site. So the term that matches a site for selecting and purchasing health insurance under the ACA is the Health Exchange.

The concept here is the marketplace created by the ACA to shop for and enroll in health insurance. This place, often called the Health Insurance Marketplace or Health Exchange, is designed so people can compare plans, enroll, and access subsidies, and it can be used online or in person at a physical site or with in-person help. Medicaid and CHIP are separate public programs for specific populations, not shopping sites for private plans, and the Affordable Care Act itself is the law, not a purchasing site. So the term that matches a site for selecting and purchasing health insurance under the ACA is the Health Exchange.