No one is required to use the Marketplace to purchase a health plan, but it does provide a wide range of options to suit a variety of needs and budgets. Some of its advantages include:
- The Marketplace is administered by the Department of Health and Human Services.
- The start of your health care coverage depends on when you enroll.
- Filling out an application on the Marketplace site allows you to compare costs and options of various plans.
- To be eligible for any tax credit, you must purchase health insurance through the Marketplace.