Illinois Health Benefits Exchange

Illinois Health Benefits Exchange
Agency overview
Jurisdiction Health insurance marketplace for U.S. state of Illinois
Website getcovered.illinois.gov

Get Covered Illinois is the health insurance marketplace for the U.S. state of Illinois. The exchange enables people and small businesses to purchase health insurance at federally subsidized rates. Since its inception, over 388,179 Illinois consumers have gained health insurance coverage.[1]

Background

Health insurance exchanges were established as a part of the 2010 Patient Protection and Affordable Care Act to enable individuals to purchase health insurance in state-run marketplaces.[2] In this legislation, states could choose to establish their own health insurance exchanges; if they choose not to do so, the federal government would run one for the state.[2]

Small business

On October 27, 2014, the Illinois online small business marketplace (SHOP) was launched.[3] This exchange facilitates the use of Small Business Health Care tax credits.

References

  1. ↑ "6 Years Later: How the Affordable Care Act is Working for Illinois". HHS.gov. U.S. Department of Health & Human Services. Retrieved 11 December 2016.
  2. 1 2 Lewis, Nicole (July 12, 2011). "HHS Proposes Health Insurance Exchange Rules". Information Week. Retrieved November 16, 2012.
  3. ↑ http://www.chicagotribune.com/business/ct-shop-exchange-launch-illinois-1027-biz-20141027-story.html
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.