A health insurance model intended to create a more organized and competitive market by offering consumers plan choices with common rules as to how the plan is offered,its cost,etc.defines a/an:
A) Accountable Care Organization.
B) health insurance exchange.
C) health savings account.
D) managed care organization.

Question

Quizplus · Accepted Answer

A health insurance exchange is a marketplace where consumers can compare and purchase health insurance plans from competing insurance providers. The exchange sets standards for the plans offered, such as coverage requirements and pricing transparency, in order to promote fair competition and give consumers more choice and control over their insurance options. This model was implemented as part of the Affordable Care Act in the United States.

A Health Insurance Model Intended to Create a More Organized