Under the Affordable Care Act, starting in 2014, an insurance plan that is certified by the Health Insurance Marketplace, provides essential health benefits, follows established limits on cost-sharing (like deductibles, copayments, and out-of-pocket maximum amounts), and meets other requirements. A qualified health plan will have a certification by each Marketplace in which it is sold.
Qualified health plans (QHPs) have met requirements of the Affordable Care Act and are included among the plan options on Maryland Health Connection.
A health insurance policy that is sold through an Exchange. The ACA requires Exchanges to certify that qualified health plans meet minimum standards contained in the law. Minnesota outlines state requirements for qualified plans in Minn. Stat. 62E.02-62E.06.
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