Zane Benefits Publishes New Information on How Health Insurance Exchanges Work

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The top five Q&As of how the health insurance exchanges will work.

Today, Zane Benefits, the number one online small business health benefits solution, published new information on how health insurance exchanges work.

According to Zane Benefits’ website, October 1, 2013 marks one of the Affordable Care Act's major milestones: each states will open their health insurance marketplaces, creating a new way for employees and small businesses to buy health insurance.

Here are five basic things that employees should know about how the individual health insurance exchanges will work:

Insurance providers will vary by state. In many states, the major carriers are offering plans on the new exchanges, although they are not required to and in some states the major carriers are not present.

Plan choices will also vary by state. The administration has said they expect most states to be offering plans from at least five different insurance companies. But some states or regions may have fewer carriers.

Plan levels will be divided into metallic tears of coverage, ranging from bronze to platinum. As the metal category increases in value, so does the percent of medical expenses that a health plan will cover.
exchange tiers of coverage

The plans within the “tiers” will not necessarily be the same, each plan may have a different mix of deductibles, co-insurance, and co-pays.

Cost of the plans will vary by state, the coverage selected, and whether you are eligible for the health insurance tax subsidies.

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

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Christina Merhar
Zane Benefits
800-391-9209 6725
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