Navigation Links
Zane Benefits Publishes New Information on the Indiana Health Insurance Exchange

Park City, Utah (PRWEB) May 24, 2013

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

According to Zane Benefits’ website, beginning in 2014 as part of the Affordable Care Act (ACA), 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 insurance tax subsidies) will only be available for coverage purchased through a state Health Insurance Exchange.

All states have three options for setting up a state Health Insurance Exchange for 2014: Build a State-Based Exchange, enter into a State-Federal Partnership Exchange or default to a Federally-Facilitated Exchange.

In November 2012, Indiana announced they would default to a federally-facilitated Health Insurance Exchange. The Indiana Health Insurance Exchange will open October 1, 2013, for coverage beginning January 1, 2014.

History of the Indiana Health Insurance Exchange

According to Zane Benefits’ website, originally Indiana explored creating a state-based Health Insurance Exchange. In 2011, Former Governor Mitch Daniels signed Executive Order #11-01 to conditionally establish the Indiana Insurance Market, Inc., a nonprofit corporation to serve as the Indiana Health Insurance Exchange. As part of this planning, an inter-agency group including the Department of Insurance, the Family and Social Services Administration, and the Office of Medicaid Policy and Planning worked to plan for the state-based exchange.

However, the state-based Exchange did not receive legislative backing. The draft exchange legislation was not proposed during the 2012 legislative session which ended in March 2012, and efforts stalled.

In November 2012, then Governor-elect Mike Pence announced that he would not move forward with setting up a state-based health insurance exchange when he took office in 2013. Therefore, Indiana will default to a federally-facilitated Health Insurance Exchange in 2014.

Indiana Health Insurance Exchange

According to Zane Benefits’ website, the Indiana Health Insurance Exchange will be operated through a federally-run Health Insurance Exchange (branded as the "Marketplace"). According to, starting in October 2013 Indiana residents will be able to access information about insurance plans available through the Marketplace. The SHOP Exchange will be available to small businesses in Indiana for businesses with 100 or fewer employees. Coverage starts January 1, 2014.

According to, 909,600 or 16% of Indiana's non-elderly residents are uninsured. Through the Exchange, Indiana residents can shop for and compare insurance plans, access insurance premium tax credits, and be screened for eligibility in public assistance programs such as Medicaid and CHIP. More information on the federally-run Health Insurance Marketplace can be found here.

Plans Available with Indiana Health Insurance Exchange

According to Zane Benefits’ website, all plans offered through the Indiana Health Insurance Exchange will meet the federal ACA definition of a Qualified Health Plan (QHP). The plans will be offered by level of coverage for essential health benefits (EHB), to allow consumers to compare plans on an "apples to apples" basis. The four "metal" levels are: Bronze (plan pays 60%), Silver (plan pays 70%), Gold (plan pays 80%) and Platinum (plan pays 90%). More information on the types of plans that will be available, and the carriers offering plans in Indiana, is expected by late summer 2013.

Indiana Health Insurance Exchange - Role of Insurance Professionals & Navigators

According to Zane Benefits’ website, the Indiana Health Insurance Exchange will follow federal guidelines for insurance professionals selling policies through the Exchange, and for Navigators assisting consumers and small businesses.

Insurance professionals will be able to register with the Indiana Health Insurance Exchange and receive commissions directly from the carriers (using their Exchange ID number and NPN to track sales). For more information see: Role of Agents in Health Insurance Marketplaces.

The Indiana Health Insurance Exchange Navigator program will assist consumers in making choices about their health care options and accessing their new health care coverage, including access to premium tax credits for some consumers. The federal government will run the navigator program in Indiana.

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 Employer Mandate
2. Live Lead Pros Announces The Benefits of Comprehensive Campaign Delivery and Management System
3. PCMA: Upgrading Medicaid Drug Benefits Could Save Florida $2.1 Billion
4. Bel Marra Health Reports on a New Study Revealing Health Benefits From Walking Barefoot
5. Zane Benefits Publishes New Information on Alabama Health Insurance Exchange
6. Zane Benefits Publishes New Information on HRA, HSA and FSA Accounts
7. Benefits of Pharmacy Home Delivery Report Published by MedEx Direct
8. Zane Benefits Publishes New Information on Small Business Health Insurance
9. Exciting New Skin Brushes at Sublime Beauty® Bring Health and Beauty Benefits; Celebrities and Models Know the Secret
10. Zane Benefits Publishes New Information on Insurance Agents’ Role in Marketplaces
11. Scientific Research Supports Amaçari Health & Wellness Benefits
Post Your Comments:
(Date:11/27/2015)... ... 2015 , ... The moment you stop improving is the ... the needs of advisers and clients but going above and beyond to find ... service. However, there's always room for improvement, which is why the entire Consulting ...
(Date:11/27/2015)... ... 2015 , ... CBD College is proud to announce that on ... accreditation to its Diagnostic Medical Sonography program. CBD College is honored to join this ... colleges and universities in the state of California make the cut. CBD College is ...
(Date:11/27/2015)... ... 2015 , ... Dr. Thomas Dunlap and Dr. Patrick Coleman ... with Emergency Medicine at St., Joseph Health System’s Santa Rosa Memorial Hospital , ... in similar ways and require time-critical intervention to avoid large area heart damage and ...
(Date:11/27/2015)... ... ... Indosoft Inc., developer and distributor of the world-class Asterisk ... Term Support) into its Q-Suite 5.10 product line. , Making the change to ... of Asterisk that will receive not only security fixes, but feature and bug ...
(Date:11/26/2015)... ... 2015 , ... Inevitably when people think Thanksgiving, they also think Holiday sales ... Black Friday and Cyber Monday massage chair sales to receive the best ... low to find the best massage chair deals, they can see all of the ...
Breaking Medicine News(10 mins):
(Date:11/25/2015)... 2015 AAIPharma Services Corp./Cambridge Major Laboratories, ... least $15.8  Million to expand its laboratories and ... . The expansion will provide additional office space ... demands of the pharmaceutical and biotechnology markets. ... provide up to 40,000 square feet of expanded ...
(Date:11/25/2015)... , Nov. 25, 2015  ARKRAY USA ... continues to provide evidence demonstrating the accuracy of its ... Congress on Insulin Resistance, Diabetes and Cardiovascular Disease in ... both the Company,s GLUCOCARD ® 01 meter and ... accuracy requirements. The ability to accurately measure glucose levels ...
(Date:11/25/2015)... 25, 2015 Kitov Pharma ... KTOV), a biopharmaceutical company focused on the development of ... conditions, today announced the closing of its previously announced ... ADSs ), each representing 20 ordinary shares of the ... The ADSs and warrants were issued in a fixed ...
Breaking Medicine Technology: