Qualified Health Plan

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 health insurance marketplace in which it is sold. (The health insurance marketplace in Rhode Island is HealthSource RI.)

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