ACA - Health Exchange Marketplace? What Is This?

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  • zeros
    Senior Member
    • Dec 2006
    • 921

    #1

    ACA - Health Exchange Marketplace? What Is This?

    Pardon my ignorance but, what is this? Can someone describe, please?
  • TaxGuyBill
    Senior Member
    • Oct 2013
    • 2321

    #2
    That's just the fancy name for the government-run websites (including telephone or one-on-one personal help) that people buy their health insurance. Only insurance bought from these websites is eligible for the Premium tax Credit. The federally-run one is www.Heathcare.gov and is where people in most states buy the insurance (most States did not set up their own website systems).

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    • zeros
      Senior Member
      • Dec 2006
      • 921

      #3
      What Would be the name of the insurance company?

      Would I pay the government for my premiums each month?

      Comment

      • MDEA
        Senior Member
        • Jun 2013
        • 189

        #4
        Aca

        No the insurance company takes the money from your account each month. If you are receiving a subsidy the exchange pays that to the insurance company.

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