Navigation Links
Zane Benefits Publishes New Information on the Health Insurance Marketplaces

Park City, Utah (PRWEB) May 25, 2013

Today, Zane Benefits, Inc. published a new information on health insurance marketplaces. Zane Benefits, which provides comprehensive and flexible alternatives to traditional employer sponsored health benefits, is the leader in defined contribution plans and HRAs.

According to Zane Benefits’ website, the October 1, 2013 open enrollment of the Health Insurance Marketplaces is right around the corner. The mantra of the Marketplaces is "Choice, Competition and Clout for States." But which insurance carriers will offer health insurance plans in the Marketplaces? Will there be enough choice for individuals and small businesses? Will there be enough competition to keep prices low for individuals and small businesses?

Only 140 (vs. 900) Insurance Carriers Intend to Sell on Federal Marketplace

In late April, the deadline for insurance carriers to express intent of selling on the federal Marketplace was extended to early May. Gary Cohen, deputy administrator of CMS and director of the Center for Consumer Information and Insurance Oversight (CCIIO), admitted to the House Energy & Commerce subcommittee that only 140 insurers had expressed interest in selling qualified health plans (QHPs) on the federal Marketplace... as compared to the estimated 900 insures the administration originally predicted.

This trend is carrying over into states operating their own state-based Health Insurance Marketplaces. For example in Illinois, only six (6) insurance carriers had expressed intent to sell on the Illinois Health Insurance Marketplace as of May 1. The six (6) carriers would sell a combined 165 health policies. These numbers, too, are far lower than expected (Source: Washington Post).

Marketplace Carrier Competition to Mimic State Competition Now

The level of competition in the Marketplaces will vary by state and will likely mimic the current level of insurance carrier competition. For example, experts predict states that already have strong health insurance carrier competition, such as in Colorado, Minnesota and Oregon, will have more diverse plans offered through the Marketplaces and will attract more insurance carriers. Similarly, states that have near-monopolies now such as Alabama, Hawaii, Michigan, Delaware, Alaska, North Dakota, South Carolina, Rhode Island, Wyoming and Nebraska will have limited competition in the Marketplaces (Source: Kaiser Health News).

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

Read the full story at

Source: PRWeb
Copyright©2012 Vocus, Inc.
All rights reserved

Related medicine news :

1. Zane Benefits Publishes New Information on the Indiana Health Insurance Exchange
2. Zane Benefits Publishes New Information on the Employer Mandate
3. Live Lead Pros Announces The Benefits of Comprehensive Campaign Delivery and Management System
4. PCMA: Upgrading Medicaid Drug Benefits Could Save Florida $2.1 Billion
5. Bel Marra Health Reports on a New Study Revealing Health Benefits From Walking Barefoot
6. Zane Benefits Publishes New Information on Alabama Health Insurance Exchange
7. Zane Benefits Publishes New Information on HRA, HSA and FSA Accounts
8. Benefits of Pharmacy Home Delivery Report Published by MedEx Direct
9. Zane Benefits Publishes New Information on Small Business Health Insurance
10. Exciting New Skin Brushes at Sublime Beauty® Bring Health and Beauty Benefits; Celebrities and Models Know the Secret
11. Zane Benefits Publishes New Information on Insurance Agents’ Role in Marketplaces
Post Your Comments:
(Date:11/25/2015)... ... November 25, 2015 , ... ... been recognized once again for its stellar workplace culture with the company’s Cincinnati ... , Medical Solutions’ Cincinnati office was named a finalist in Cincinnati Business ...
(Date:11/25/2015)... ... 2015 , ... Ministers, senior government and UN agencies, representatives ... of Excellence, and public R&D institutions, civil societies and other partners gathered today ... African Network for Drugs and Diagnostics Innovation, ANDI, Stakeholders Meeting. The three- day ...
(Date:11/25/2015)... Angeles, CA (PRWEB) , ... November 25, 2015 , ... ... da Vinci surgical robot is being more and more widely heralded as a breakthrough ... assisted da Vinci method has over traditional laparoscopic surgery is that it can greatly ...
(Date:11/25/2015)... ... ... On November 25, 2015, officials of Narconon Arrowhead , the drug ... a new cutting edge recovery program that has been 50 years in the making. ... individuals with the purpose to free addicts from the symptoms and negative behaviors of ...
(Date:11/25/2015)... ... ... On November 23rd 2015 Cozy Products, a division of Bird-X Incorporated, ... explains what this means for business moving forward. , The Tri Lite heater business ... to sell personal heaters that reduce energy consumption, are economical and keep people warm ...
Breaking Medicine News(10 mins):
(Date:11/26/2015)... , 26 november 2015 ... kondigt de geplande investering aan van ten ... de laboratoria en het mondiale hoofdkantoor in ... uitbreiding zal resulteren in extra kantoorruimte en ... aan de groeiende behoeften van de farmaceutische ...
(Date:11/26/2015)... UTRECHT , Nederland, November 26, 2015 ... --> Een nieuwe aanpak combineert ... van gevorderde kanker. ... -->      (Photo: ... van het Leids Universitair Medisch Centrum (LUMC) ...
(Date:11/26/2015)... 26, 2015 Research and Markets ( ) ... Pacemaker Market Outlook to 2019 - Rise in Cardiac Disorders ... report to their offering. Boston ... Boston scientific and others. --> ... Biotronik, Boston scientific and others. ...
Breaking Medicine Technology: