Zane Benefits Publishes New Information on Employee FAQs on Health Exchanges

Share Article

Top employee FAQs on the health insurance exchanges, coming in October 2013.

Today, Zane Benefits, the number one online small business health benefits solution, published new information on employee FAQs on health exchanges.

According to Zane Benefits’ website, many provisions of the Affordable Care Act have already taken effect, but the biggest health reform changes are coming soon. One of these big changes is the implementation of health insurance exchanges.

The health insurance exchanges are intended to make it easier to purchase your own individual health insurance.

So, what do employees need to know about the health insurance exchanges?

1. Is ObamaCare Really Still Happening?


2. What is a health insurance exchange?

A health insurance exchange is new option for buying health insurance for you and your family. Each state will have an exchange website where you can buy health insurance. The exchanges open for business on October 1, 2013.

3. Does that mean I can get coverage starting October 1?

No. It means you can start shopping for a policy, but the policy coverage won't start until January 1, 2014.

4. How do I find my state’s exchange?

Visit to find your state’s exchange site.

5. If I get insurance through work, do the exchanges matter to me?

If your work offers “affordable” health insurance, you will not be eligible for subsidized insurance through an exchange.

If your work offers a healthcare allowance, then this does impact you. Your Health Reimbursement Arrangement does not disqualify you for a subsidy.

6. What if I have a pre-existing condition?

You cannot be denied or charged more for a policy based on a preexisting condition.

7. Do I need to cancel an existing policy and switch to an exchange policy?

No, but you may want to research your options.

8. What are the subsidies?

For those eligible, the subsidies will cap the amount you pay for your exchange policy at between 2% and 9.5% of your income.

9. Will the subsidies make health insurance cheap?

Affordable for most.

10. Do I have to buy health insurance?

As of 2014 you’ll pay a tax penalty if you are not covered.

11. What kinds of policies are offered through the exchanges?

Adults under 30 and some people with low incomes can buy a catastrophic policy; everyone else has to buy a policy that covers ten Essential Health Benefits.

Many health insurance brokers will be certified with the exchanges to help you understand options and enroll in a plan.

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

Share article on social media or email:

View article via:

Pdf Print

Contact Author

Christina Merhar
Zane Benefits
800-391-9209 6725
Email >
Follow us on
Visit website