Illinois Health Benefits Exchange
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Get Covered Illinois is the
health insurance marketplace In the United States, health insurance marketplaces, also called health exchanges, are organizations in each state through which people can purchase health insurance. People can purchase health insurance that complies with the Patient Protectio ...
for the
U.S. state In the United States, a state is a constituent political entity, of which there are 50. Bound together in a political union, each state holds governmental jurisdiction over a separate and defined geographic territory where it shares its sove ...
of
Illinois Illinois ( ) is a state in the Midwestern United States. Its largest metropolitan areas include the Chicago metropolitan area, and the Metro East section, of Greater St. Louis. Other smaller metropolitan areas include, Peoria and Rockf ...
. 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.


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. 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.


Small business

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


References


External links

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Illinois Department of Insurance Health Insurance Exchanges

Illinois Health Benefits Exchange Law
(PDF) 2010s establishments in Illinois Illinois law Health Benefits Exchange Health insurance marketplaces Healthcare reform in the United States United States state health legislation {{med-stub