Navigation Links
Zane Benefits Publishes New Information on COBRA vs Health Insurance Marketplaces
Date:9/28/2013

Park City, UT (PRWEB) September 28, 2013

Today, Zane Benefits, the number one online small business health benefits solution, published new information on COBRA vs health insurance marketplaces.

According to Zane Benefits’ website, one of most popular options for many laid off employees is to continue their employer-provided coverage for up to 18 months under COBRA. Another option for workers is to purchase an individual or family health insurance policy, although this option is less-known and less-utilized. In 2014 there will be a third option for employees ending employment: purchasing a guaranteed-issue individual or family health plan through the new individual health insurance marketplaces.

COBRA provides certain employees, retirees, spouses, former spouses, and dependent children the right to temporarily continue their employer-sponsored health benefits.

In order to participate in COBRA, the former employee usually pays the full cost of the premium or benefit plus up to a 2% administration fee for a maximum of 18 months. This is usually expensive.

The new public individual health insurance marketplaces (also called exchanges) are publicly-run online stores for health insurance, which will be a viable option for laid-off employees, because of the following key provisions of the ACA favoring individual health insurance:

Guaranteed Issue
Premium Tax Subsidies
Essential Health Benefits
Metallic Tiers of Coverage

When it comes down to the bottom line, former employees will likely compare the cost of COBRA vs. individual health insurance through the marketplaces. In the past, COBRA has been very expensive to employees, and this likely won't change, so employees might turn to the public health exchanges.

Click here to read the full article.

About Zane Benefits

Zane Benefits was founded in 2006 to provide a revolutionized SaaS (Software-as-a-Service) administration platform ("ZaneHRA") for defined contribution health care. The flagship software provides a 100% paperless administration experience to small businesses and insurance professionals that want to offer better health benefits without a traditional group health insurance plan at lower costs. For more information about Zane Benefits, visit http://www.zanebenefits.com.

Read the full story at http://www.prweb.com/releases/2013/9/prweb11162711.htm.


'/>"/>
Source: PRWeb
Copyright©2012 Vocus, Inc.
All rights reserved

Related medicine news :

1. Taunton Social Security Disability Attorneys Help Taunton, MA Man Receive Over $17,000 in Past Due Social Security Disability Benefits
2. Austin Chiropractor, Dr. Julia Pinkerton Addresses Benefits of Chiropractic Care for Pregnant Woman in New Blog
3. U.S. Preventive Medicine Awarded Exclusive, Workplace Health Program for Innovative Self-Funded Health Benefits Plan, Health Options Plus™
4. Dr. Kanani Gives Advise on the Benefits of Dental Implants and He Reveals New Prices for Dental Implants
5. My Positive Perspective Broadcasts Episode on Event that Benefits the Lowcountry Food Bank and is Being Run in Cooperation with Charleston Parks and Recreation
6. Zane Benefits Publishes New Information on Uninsured Americans Census Report
7. COPS Monitoring and SS&Si Dealer Network Team Up to Expand Dealer Benefits
8. Zane Benefits Publishes New Information on Choosing an Individual Health Insurance Plan
9. Zane Benefits Publishes New Information on Health Insurance Exchange Carriers and Rates
10. Zane Benefits Publishes New Information on Medicaid Studies
11. Siragusa Vein and Vascular Center Launches New Health Campaign via Social Media to Educate Public about the Benefits of Ultrasound in Vein Care
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:6/26/2016)... ... June 26, 2016 , ... On June 10-11, 2016, A ... 2016 Cereal Festival and World’s Longest Breakfast Table in Battle Creek, MI, where the ... history as home to some of the world’s leading providers of cereal and other ...
(Date:6/26/2016)... ... 2016 , ... PawPaws brand pet supplements owned by Whole Health ... the health of felines. The formula is all-natural and is made from Chinese herbs ... Cat Kidney Support Supplement Soft Chews are Astragalus Root Extract and Rehmannia ...
(Date:6/26/2016)... Lake Orion, Clarkston, Michigan (PRWEB) , ... June ... ... direction with respect to fertility once they have been diagnosed with endometriosis. These ... tolerable intercourse but they also require a comprehensive approach that can help for ...
(Date:6/25/2016)... ... June 25, 2016 , ... Austin residents seeking Mohs surgery ... of Mohs Surgery and to Dr. Russell Peckham for medical and surgical dermatology. , ... for skin cancer. The selective fellowship in Mohs Micrographic Surgery completed by Dr. Dorsey ...
(Date:6/25/2016)... ... , ... "With 30 hand-drawn hand gesture animations, FCPX users can easily customize ... Pixel Film Studios. , ProHand Cartoon’s package transforms over 1,300 hand-drawn pictures into ... Simply select a ProHand generator and drag it above media or text in the ...
Breaking Medicine News(10 mins):
(Date:6/23/2016)... -- MedSource announced today that it has selected Datatrial,s ... choice.  This latest decision demonstrates MedSource,s commitment to ... by offering a state-of-the-art electronic data capture (EDC) ... the EDC platform of choice in exchange for ... long been a preferred EDC platform by our ...
(Date:6/23/2016)... -- Research and Markets has announced the ... (Organic Chemical (Sugar, Petrochemical, Glycerin), Inorganic Chemical), Functionality (Filler, ... Global Forecast to 2021" report to their offering. ... pharmaceutical excipients market is projected to reach USD 8.1 ... the forecast period 2016 to 2021. ...
(Date:6/23/2016)... June 23, 2016 Research and Markets ... Medical Market Analysis 2016 - Forecast to 2022" report ... The report contains up to date financial data derived from ... of major trends with potential impact on the market during ... market segmentation which comprises of sub markets, regional and country ...
Breaking Medicine Technology: