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The Commonwealth of Kentucky knelt Stalemated MarketplaceStateBased Marketplace Policy and Procedures for Agents and directors Refresher Training Guide August 26, 2022SBM Policy and Procedures Refresher
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State-based marketplace policy is a set of rules and regulations established by individual states to govern the operation of their health insurance exchanges.
Insurance companies and health care providers operating in a state with a state-based marketplace are required to file state-based marketplace policy.
State-based marketplace policy can usually be filled out online through the state's designated website for health insurance exchanges.
The purpose of state-based marketplace policy is to ensure compliance with state regulations and to provide transparency in the operation of the health insurance exchange.
Information such as premium rates, coverage details, provider networks, and financial data must be reported on state-based marketplace policy.
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