Navigation Links
Zane Benefits Publishes New Information on New Hampshire Health Insurance Exchange
Date:5/15/2013

Park City, Utah (PRWEB) May 15, 2013

Today, Zane Benefits, Inc. published new information on the New Hampshire Health Insurance Exchange. Zane Benefits, which provides comprehensive and flexible alternatives to traditional employer sponsored health benefits, is the leader in health care reform, defined contribution and health reimbursement arrangements.

According to Zane Benefits’ website, starting in 2014 as part of health care reform, health insurance coverage for individuals and small businesses will become available through new state health insurance exchanges. Most importantly, the key tax credits (e.g. the small business healthcare tax credits) and tax subsidies (e.g. individual health premium subsidies) will only be available for coverage purchased through their state health insurance exchanges.

Under health care reform, there will be an exchange (also called "marketplaces") in every state. All states have three options for setting up a state health insurance exchange for 2014:

1. Build a state-based exchange

2. Enter into a state-federal partnership exchange

3. Default to a federally-facilitated exchange

New Hampshire plans to offer a state-federal partnership exchange that will open October 1, 2013 (for coverage starting January 1, 2014).

New Hampshire Health Insurance Exchange

According to Zane Benefits’ website, the New Hampshire Health Insurance Exchange will be a new online marketplace designed to help New Hampshire residents shop for and enroll in health insurance coverage, and access health insurance tax subsidies and credits. The Exchange will also screen applicants for eligibility in public programs such as Medicaid. The New Hampshire Health Insurance Exchange will have two offerings:

1. Individual exchange for individuals and families
2. Small businesses "SHOP" exchange

Insurance coverage can be purchased through the New Hampshire Health Insurance Exchange beginning in October 2013, for coverage effective January 1, 2014.

According to healthcare.gov, approximately 125,600 or 11% of New Hampshire’s non-elderly residents are uninsured, of whom 110,000 (88% of these) may qualify for either health insurance tax credits or for Medicaid if New Hampshire participates in the Medicaid expansion (New Hampshire currently supports Medicaid expansion).

New Hampshire will use federally-run technology and a federally-based navigator program, and the state will manage plan (insurance carrier) oversight and consumer outreach and assistance. As of writing, exact details of this coordination are being clarified and confirmed.

History of New Hampshire Health Insurance Exchange

According to Zane Benefits’ website, in June 2012, former Governor John Lynch signed HB 1297 into law, which prohibited the state from participating in or enabling a state-based health insurance exchange. However, HB 1297 allowed New Hampshire to “operate specific functions of a federally-facilitated exchange." In February 2013, Governor Maggie Hassan confirmed that New Hampshire would pursue a state-federal partnership exchange. On March 7, 2013, New Hampshire received conditional approval from the U.S. Department of Health and Human Services (HHS) to establish a partnership exchange.

Insurance Plans Available Through the New Hampshire Health Insurance Exchange

According to Zane Benefits’ website, under the Affordable Care Act, all insurance plans sold on the New Hampshire Health Insurance Exchange will be qualified health plans (QHPs) that meet federal requirements and provide essential health benefits (EHB). The Exchange will offer uniform plans categorized in four "metal" levels of value. These metal levels are intended to allow consumers to compare plans with different levels of coverage for EHB.

Click here to read full article.

--

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

Read the full story at http://www.prweb.com/releases/2013/5/prweb10728513.htm.


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

Related medicine news :

1. Zane Benefits Publishes New Information on Small Business Health Insurance Alternatives
2. Zane Benefits Publishes New Information on Rhode Island Health Insurance Exchange
3. Zane Benefits Publishes New Information on Defined Contribution Health Plans
4. Benefits of Natural & Organic Bedding Discussed in Latest Article from The Sleepy Shopper
5. Zane Benefits Publishes New Information on the New Jersey Health Insurance Exchange
6. Altec Joins Sage Customer Symposiums in the North East to Present the Benefits of Integrated Document Management
7. Zane Benefits Publishes New Information on Defined Contribution Health Plans
8. Zane Benefits Publishes New Guide on Stand-Alone Health Reimbursement Accounts
9. Zane Benefits Publishes New Guide on Stand-Alone HRA Plans
10. Zane Benefits Publishes New Information on Health Care Reform for Small Businesses
11. Zane Benefits Publishes New Information on the Michigan Health Insurance Exchange
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:12/9/2016)... ... December 09, 2016 , ... The Holy Name Medical ... York, NY, on December 3rd, to benefit Holy Name Medical Center's programs and ... which raised over $1 million - the largest event in the Center's history, ...
(Date:12/8/2016)... ... December 08, 2016 , ... The West Virginia Medical ... 2017. The name change aligns the entire company with its existing Quality ... quality. , “We are very proud of the achievements associated with the West ...
(Date:12/8/2016)... ... December 08, 2016 , ... ZyDoc , a New ... Conventional Data Capture Methods for Input to Electronic Health Records: A Comparative Usability ... the comparative usability study demonstrate that a dictation-based method (“NLP Entry”) using ZyDoc’s ...
(Date:12/8/2016)... ... ... With the increasing demand for dental implants, the National Association of Dental ... dentists and patients about the safety issues related to dental restorations. According to the ... is projected to reach $6.4 billion in 2018 with more than 30 million Americans ...
(Date:12/8/2016)... ... December 08, 2016 , ... Launching ... innovative Unified Instance Manager architecture, meeting the needs of multichannel growth and ... the unattended auto-dialing system without agents, Presence Robodialer, provides greater operational capacity, ...
Breaking Medicine News(10 mins):
(Date:12/9/2016)... 9, 2016 Research and Markets has ... report to their offering. ... The report forecasts the global optical transceiver market ... The report covers the present scenario and the ... calculate the market size, the report considers the revenue generated from ...
(Date:12/9/2016)... Japan , Dec. 9, 2016 Mitsubishi ... ; President & Representative Director, CEO: Dr. Masayuki ... amyotrophic lateral sclerosis (ALS) given edaravone intravenously in 10-14 ... loss as measured by the ALS Functional Rating Scale-Revised ... International Symposium on ALS/MND in Dublin, ...
(Date:12/9/2016)... 2016 Research and Markets has announced the ... to their offering. ... The global travel vaccines market to grow at a CAGR ... the present scenario and the growth prospects of the global travel ... considers the revenue generated from the sales of various vaccines administered ...
Breaking Medicine Technology: