What is Marketplace (ACA/Obamacare)?Marketplace, part of the Affordable Care Act (ACA), or Obamacare, is a platform for purchasing health insurance plans. It provides various options that comply with ACA regulations, including essential benefits such as preventive care and prescription drugs. Its goal is to make insurance more affordable, reduce the number of uninsured people, implement consumer protections like pre-existing condition coverage, and allow young adults to stay on their parents' plans until they reach age 26.
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