health insurance exchange

Aetna is leaving the Affordable Care Act health insurance exchange in Illinois for 2017, further reducing competition.  Aetna's announcement leaves six companies selling plans for next year to individuals and families on the Illinois "Obamacare" marketplace. 

Senate approves creation of health insurance exchange

May 24, 2013

The Illinois Senate took a key step Thursday toward implementing the Affordable Care Act, also known as "Obamacare." Senators approved the creation of a "health insurance exchange." But as IPR’S Brian Mackey reports, it's still a long way from becoming law. 

A health insurance exchange is at the heart of the Affordable Care Act. It's a marketplace where people who don't otherwise have insurance, like through an employer, are supposed to be able to find it.