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

Park City, Utah (PRWEB) August 12, 2013

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

According to Zane Benefits’ website, a common question from employers and employees is: how do the Health Insurance Marketplaces impact those with insurance? The answer depends on what type of insurance you have.

Generally speaking, there are three types of insurance:

Employer-sponsored health insurance plan: Also known as group insurance, If you have employer-sponsored health insurance, your employer selected and purchased coverage and offers you a plan, or choice of plans.
Individual health insurance plan: If you have an individual health insurance plan, you purchased the plan directly, either through a broker, online, or from an insurance company.
Government health insurance plan: If you have a government health insurance plan, you may be covered under Medicaid, Medicare, or another government-sponsored health plan.

Here's how employees with each of these types of health insurance are impacted by the Health Insurance Marketplaces:

If you have health insurance provided by your employer that is affordable and considered qualified, you don’t need to do anything. You'll likely continue coverage under the employer-sponsored insurance in 2014.

If the premium you pay is not considered "affordable", then you may be eligible for a discount on an individual health insurance plan through your state Marketplace.

If you are paying more than 9.5% of your household income toward your insurance premiums for employee-only coverage, then you may be eligible for financial assistance through your state Health Insurance Marketplace to reduce the amount you pay toward your health insurance premium.

If you bought health insurance on your own, through what is known as the individual market, then you have a new option in 2014 to purchase health insurance through your state Health Insurance Marketplace. Depending on your income and family size, you may be eligible for the health insurance premium subsidies.

You will continue to have a choice as to where you purchase individual health insurance (i.e. other sources than the Marketplace). However, the health insurance premium subsidies will only be available for health insurance purchased through the Marketplace.

Those enrolled in Medicaid can keep their Medicaid coverage. And in many states, eligibility for Medicaid is expanding and more people may be eligible under Medicaid expansion.

Those enrolled in Medicare (age 65 or older), can also keep their coverage.

Employers to Notify Employees of Marketplace Options by October 1

Employers are required to provide employees notification of their options with the Marketplaces by October 1, 2013. The Department of Labor has provided guidance on what the notification needs to include.

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 Health Reimbursement Arrangements (HRAs) and 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 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 Reimbursement of Health Insurance Premiums
2. Zane Benefits Publishes New Information on the New Health Insurance Subsidies
3. Zane Benefits Publishes New Information on HRA Timing Rules
4. Zane Benefits Publishes New Information on How to Offer Better Health Insurance
5. Tidy desk or messy desk? Each has its benefits
6. Naomi Wolf Keynote Speaker at Orgasmic Meditation Xperience (OMX): A Conference on the Medical Benefits of Female Orgasm, Open to the Public August 9th
7. Zane Benefits Publishes New Information on Navigator Final Rule
8. Zane Benefits Publishes New Information on Small Business Health Insurance for Employees
9. Zane Benefits Publishes New Information on Section 105 for Small Business Owners
10. Zane Benefits Publishes New Information on HRA Distributions
11. Zane Benefits Publishes New Information on How to Implement a HRA
Post Your Comments:
(Date:12/1/2015)... ... , ... With FCPX Overlay: Grit , users can apply a grit ... are truly endless, all with a click of a mouse. Each user has full ... depth of field and more, all within Final Cut Pro X. , With FCPX ...
(Date:12/1/2015)... ... December 01, 2015 , ... SonaCare ... 2015 HSJ Acute Sector Innovation Award on November 18th. This prestigious award recognizes ... and propose exciting enhancements to the medical landscape. , The UCLH team won ...
(Date:11/30/2015)... ... 30, 2015 , ... Olympic Gold Medalists and Celebrity Moms ... across various categories through traditional and social media marketing campaigns and other branding ... Gold Medal Moms who can connect with today’s most important consumer: mothers. In ...
(Date:11/30/2015)... NY (PRWEB) , ... December 01, 2015 , ... ... honors Christina Colon as a 2015-2016 inductee into its VIP Woman ... in pharmacy. NAPW is the nation’s leading networking organization exclusively for professional women, ...
(Date:11/30/2015)... Los Angeles, California (PRWEB) , ... November 30, ... ... in all the programs of the19th Bi-National Convention of the Federation of Philippine ... Resort and Casino in Las Vegas, Nevada. , 1Heart Caregiver Services, as ...
Breaking Medicine News(10 mins):
(Date:11/30/2015)... BASEL, Switzerland , Dec. 1, 2015  Roche ... wholly-owned UK subsidiary Proximagen Ltd., today announced a worldwide ... small molecule inhibitor of Vascular Adhesion Protein 1 (VAP-1), ... treatment of inflammatory disease. The VAP-1 inhibitor is currently ... --> Under the terms of the ...
(Date:11/30/2015)... LOUIS , Dec. 1, 2015 Express Scripts ... Imprimis Pharmaceuticals (NASDAQ: IMMY ) to drive access to ... for the treatment of toxoplasmosis that has been recently priced ... others with weakened immune systems. --> ... of pyrimethamine and leucovorin (a form of folic acid) for $1 ...
(Date:11/30/2015)... Die MEDTEC Japan 2016, ... Entwicklung und Herstellung medizinischer Geräte, findet ... in Tokyo ... Foto: ... --> ...
Breaking Medicine Technology: