What is the role of the Pennie Board of Directors?

The role of the Pennie Board of Directors primarily revolves around overseeing and governing the operations of the Pennie marketplace. This involves ensuring that the marketplace functions effectively and meets its goals of providing access to affordable health insurance options. The Board is responsible for strategic direction, policy governance, and making decisions that affect how the marketplace serves consumers and stakeholders.

By focusing on oversight and governance, the Board ensures that the marketplace operates within the established guidelines and effectively addresses the needs of individuals seeking health insurance coverage. This includes monitoring performance, ensuring compliance with applicable laws, and managing resources responsibly.

In contrast, the other choices delineate specific functions that are outside the primary governance role of the Board. For example, designing new health insurance plans, managing individual consumer accounts, or enforcing state health regulations might involve other entities or departments within the marketplace or state government, but they do not encapsulate the fundamental responsibilities of the Board of Directors. Therefore, the correct answer highlights the central role of governance and oversight exercised by the Pennie Board.