In 2014, individuals and employees of small businesses will have access to affordable coverage through a new competitive private health insurance market – State-based Affordable Insurance Exchanges. Affordable Insurance Exchanges will provide individuals and small businesses with a “one-stop shop” to find and compare affordable, quality private health insurance options. Exchanges will bring new transparency to the market so that Americans will be able to compare plans based on price and quality. By increasing competition between insurance companies and allowing individuals and small businesses to band together to purchase insurance, Exchanges will help lower costs.

Source:  www.HealthCare.gov