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The Pros And Cons Of Health Insurance Marketplaces

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The United States healthcare industry is facing some serious long-term issues. The number of uninsured people is in millions.

People who have health insurance tend to pay more premiums compared to the other countries.
In order to provide affordable healthcare to more Americans, on March 23, 2010, President Barack Obama introduced Patient Protection and Affordable Care Act (PPACA), more commonly known as Affordable Care Act (ACA) or ObamaCare.
To ensure that people can find affordable healthcare insurance, ACA creates Health Insurance Marketplaces.
Health Insurance Marketplaces are virtual spaces run by the federal government or by states, where the customers can see different plans and prices offered by insurance providers.
This enables

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