Don't stop preparing just because you heard "delay"
By: Private Exchange
We've heard the word "delay" several times since we've heard the word "passed" in relation to the Patient Protection and Affordable Care Act (PPACA), sometimes called 'Obamacare'. First, there was the delay of Medicare cuts until after the election. Then there was the delay of the Employer Mandate, which required businesses of 50 or more full-time equivalent employees to offer affordable health insurance or pay a penalty. Then there was an announcement, buried in the Federal Register, that the administration would delay enforcement of several key pieces of eligibility for another year, relying on the honor system for individuals to report their income and base tax subsidies on that. And most recently, the caps on out-of-pocket insurance costs have...
New exchange policies can begin on January 1, 2014
By: Private Exchange
Think of an exchange like an online supermarket for benefits. You'll browse through low-cost plans online, compare benefits and pricing side-by-side, see if you qualify for tax subsides or tax credits to reduce your costs and enroll online. Plans are sold by private insurance companies competing for your business. Another way to think of shopping in an exchange is like planning a trip to the Grand Canyon. The first thing you'll probably do is visit a travel website to look at prices for airfare. You'll compare prices from several different private airline companies side-by-side. Then you'll consider things like arrival time or airport location. And once you make your decision, you can book your flight right there on the site before you shut your computer down. Or, if you'd prefer, you can call a service..
Our new app
By: Private Excange
There's no doubt about it: we all live busy lives. There's so many personal and professional obligations, that sometimes, it's nearly impossible to manage it all. So for many of us, our smartphones are our lifeline. We use them to manage our time and responsibilities, to receive information on-the-go, and stay connected to others. We understand the importance of having quick and easy access to information, especially when it comes to benefits. It seems like the only time we really need the information is when it's nearly impossible to access it - like, when we're driving a sick child to the Emergency Room, or standing in line at the pharmacy, or sitting in the doctor's office waiting room. That's why we developed the smartphone Exchange App....