Which of the following statements about private health exchanges is incorrect?

The statement indicating that operators cannot vary offerings across geographic regions is incorrect because private health exchanges often have the flexibility to tailor their offerings based on local market conditions, regulatory environments, and the specific needs of employees within different geographic areas. This variability allows exchanges to provide a more relevant and suitable array of health insurance options that cater to the unique demographics and health care needs of different regions.

On the other hand, private health exchanges are indeed designed to assist employees in shopping for health insurance by providing a platform that aggregates multiple insurance options. They frequently offer decision-making tools that help individuals compare the benefits and costs associated with different plans, enhancing the employee experience and facilitating informed choices. Additionally, they create a shopping experience that mimics consumer retail environments, encouraging ease of navigation and engagement. This flexibility and personalization are crucial to the utility and effectiveness of private health exchanges in meeting diverse health insurance needs.