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COLUMBUS, Miss. (WCBI)- So what exactly is a health insurance exchange?

We caught up with a local insurance agent who has been working with Mississippi Insurance Commissioner Mike Chaney to develop the state’s proposal, to help us answer that question.

“In layman’s terms it’s basically a market place where the consumer can go to get comparative shopping and pricing done for health plans. It’ll be a vehicle to where you apply for the coverage and see what subsidies can be available as well as what premiums and plans are available for your particular situation and budget,” says Jimmy Galloway, GCM Insurance.

To see how a health insurance exchange would work you can log onto www.1mississippi.com

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