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Practice English Speaking&Listening with: Health Insurance Exchanges

Difficulty: 0

So, what is a health insurance exchange anyway?

Well, think of it as a large, online marketplace

that gives individuals and small businesses access to insurance options.

Ok, sounds good. How does it work?

I'm glad you asked. It allows uninsured individuals

to compare and shop for quality and affordable health plans

and insurers a way to compete for individual customers.

So exchanges give you access to a range of plans

whether you are a student,

you run a local bakery,

or are a stay-at-home dad.

Gotcha, but what does it mean for me?

Right now, if you were to shop for insurance

you'd be on your own, and it can get pretty complicated.

Soon, most of us will be

required by law to purchase health insurance,

including you, and exchanges will offer a more streamlined

way for millions of Americans to compare and select insurance.

Got it? Yeah, I think so.

Thanks. You're welcome.

The Description of Health Insurance Exchanges