In our weekly Trends that Matter series, we provide engaging infographics from healthcare influencers to highlight general trends affecting the pharmaceutical industry. This week's featured topic is health exchanges. The Health Insurance Marketplace allows individuals and families to compare options and purchase health insurance plans.
According to the Department of Health and Humans Services, under the Affordable Care Act:
"The Health Insurance Marketplace gives eligible consumers options when purchasing a health plan, provides consumers with tools to compare options, and offers financial assistance in the form of advance premium tax credits that reduce the cost of health insurance to the majority of enrollees."
In the map below, the Kaiser Family Foundation outlines the current health insurance marketplace type in each state.
The American Health Care Act proposes many changes to this existing healthcare structure. According to the Congressional Budget Office (CBO):
"Decisions about offering and purchasing health insurance depend on the stability of the health insurance market—that is, on having insurers participating in most areas of the country and on the likelihood of premiums’ not rising in an unsustainable spiral."
Read the CBO Summary to learn how the legislation plans to establish market stability.
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