Zane Benefits Publishes New Information on HRA Employee Tips

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The 5 Groups of Employees Who Benefit the Most from the Marketplaces

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

According to Zane Benefits’ website, starting in 2014, health insurance coverage for individuals will become available through new state individual health insurance marketplaces. Most importantly, the individual health insurance tax subsidies will only be available for coverage purchased through a state health insurance marketplace.

The goal of the individual health insurance marketplaces is to make health insurance more affordable and easier to understand. A website will provide a variety of online tools to learn more about the range of health plans that will be offered through the state health insurance marketplace.

For eligible employees, there will be federal financial assistance to help lower the amount employees pay for health insurance premiums.

All state marketplaces will open October 1st, 2013 for open enrollment, with coverage starting January 1, 2014. Employees will be able to shop online, in person, or by phone for health insurance in every state.

Here are five groups of employees who may benefit greatly from the health insurance marketplaces and individual health insurance reforms:

1) Uninsured Employees

Individual health insurance becomes more accessible with easier to understand options.

2) Employees with a Stand-Alone HRA

For employees with a stand-alone HRA through their employer, the health insurance marketplaces provide more health insurance options to employees.

3) Employees Paying a Lot for Their Premium

If employees are currently spending a large portion of their paycheck on their health insurance premium, the marketplaces (and health insurance tax subsidies) may help with premium affordability.

4) Older Employees (But Not Yet 65)

Uprating based on age will be allowed in 2014, but the ratio is controlled by health reform (3:1 compared to 5:1 now). Individual health insurance will likely be more affordable in 2014 than it is today for this age group.

5) Employees with High Medical Expenses

Starting in 2014, annual and lifetime limits on coverage will no longer be allowed by any health plan. The prohibition of annual and lifetime limits on coverage benefits employees with high medical expenses and may help prevent medical bankruptcies.

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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 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

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Christina Merhar
Zane Benefits
800-391-9209 6725
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