Understanding Health Insurance Marketplace in Detail

With the rise of e-commerce companies and the increasing popularity of online shopping, most of us have become familiar with the concept of marketplaces, which can be defined in layman’s terms as platforms where potential buyers can choose from products being sold by various sellers to get the most information about the product, and ultimately, get the best deal.

Marketplace health insurance platforms work on similar lines. Rather than insurance providers reaching out to potential insurance buyers through calls or emails or text messages, which may get intrusive after a point, or potential insurance seekers frantically trying to find the best insurance policy for themselves, their employees or their loved ones, both these parties can now use a marketplace health insurance platform, which is easy and convenient.

The health insurance marketplace 2018 is a trusted platform that not just gives information about all the various insurance schemes available in the market, but also gives you an honest insight into the same through various tools such as expert scores, comparisons between schemes based on various criteria, and user reviews and ratings. Marketplace insurance also has the benefit of plans being categorised into bronze, silver, gold and platinum, depending on the benefits that the plan offers.

The concept of marketplace insurance is a win-win for both insurance companies and consumers – Companies get a platform to showcase their policies and reach potential consumers while consumers can be sure that they are not getting a raw deal when choosing an insurance policy on a marketplace insurance platform.

Once you’ve selected an insurance policy on a marketplace health insurance platform, your details are sent to the insurance provider, who then contacts you for your details and the first month’s premium. Once you have completed these steps, you will be issued an ID card and your insurance coverage period begins.

The typical health insurance marketplace 2018 is convenient, user-friendly and informative, making it a popular destination for individuals, small businesses or families looking to buy insurance policies. With times becoming more and more uncertain, it is essential for everyone to have insurance, and a good health insurance marketplace in 2018 can help you find and buy the right type of health insurance, for yourself, your family, and even your employees and their families.


ManipalCigna Health Insurance Company Ltd (Formerly known as CignaTTK Health Insurance Company Limited) | CIN U66000MH2012PLC227948 | IRDAI Reg. No. 151 
Reg. Office: 401/402, 4th Floor, Raheja Titanium, off. Western Express Highway, Goregaon (East), Mumbai- 400 063 | Toll free number – 1800-102-4462 | Website address –
Trade Name / Trade Logo belongs to MEMG International India Private Limited and Cigna Intellectual Property Inc. and is being used by ManipalCigna Health Insurance Company Limited under license. For more details on risk factors, terms and conditions, please read the sales brochure/ sales document available on our website (Download section) before concluding a sale.

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