A qualified health plan is an insurance plan that meets your state's standards for covering basic health needs. Every health plan on your state's Marketplace has to be a qualified health plan. These are some requirements a QHP must meet:
- Covers essential health benefits such as doctors’ visits and emergency care
- Limits how much you have to spend on deductibles, copays, and other out-of-pocket health care expenses
- Includes a reasonable number of providers in its network, which is decided by your state
- Meets other requirements of the Affordable Care Act.