Zane Benefits Publishes New Information on Idaho Health Insurance Exchange

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Marketplace to help 278,800 or 20% of uninsured Idahoans access health coverage in 2014.

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

According to Zane Benefits’ website, 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 starting in January 2014. 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 via a state health insurance exchanges.

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. Idaho plans to offer a state-based exchange called Idaho Health Insurance Exchange. The Exchange will open in October 2013, for coverage starting January 1, 2013.

Idaho Health Insurance Exchange - What is it?

According to Zane Benefits’ website, beginning with an open enrollment period in October 2013, the Idaho Health Insurance Exchange will help individuals and small employers shop for, select, and enroll in Qualified Health Plans (QHPs). By providing one-stop shopping for a qualified health plan, Exchanges will make purchasing health insurance easier and more understandable.

The Exchange will be open to those who currently purchase insurance in the individual market. This group will include, for example, early retirees (pre-Medicare eligible retirees), the self-employed, individuals whose employers do not provide insurance, or those who cannot afford their employer’s insurance. The Small Business Health Option Program ("SHOP") will be open to firms with 100 or fewer employees.

According to Zane Benefits’ website and the Idaho Governor's office, 278,800 or just under approximately 20% of Idahoans don’t have health insurance.

History of Idaho Health Insurance Exchange

According to Zane Benefits’ website, on December 11, 2012, Governor C.L. Otter announced Idaho’s commitment to the establishment of a state-based health insurance exchange, noting he is seeking legislative approval. On January 3, 2013, Idaho received conditional approval from the U.S Department of Health and Human Services (HHS) to establish a state-based exchange. There was some speculation whether the Exchange would be approved by the House in time. However, Idaho House Bill 248 was passed and signed by Governor Otter on March 28, 2013 authorizing a state-based health insurance exchange.

Final approval is contingent upon the state complying with future guidelines and regulations, demonstrating legal authority for all state-based Exchange functions, and developing a revised implementation timeline. If the Exchange is not ready in time, Idaho will default to a federally-facilitated exchange.

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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

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Christina Merhar
Zane Benefits
800-391-9209 6725
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