Today, Zane Benefits, the #1 Online Health Benefits Solution, published new information on how new employees can purchase individual health plans outside of open enrollment.
According to Zane Benefits’ website, if the new employee already has an individual or family health insurance plan, they can keep it and be reimbursed for their premium by the defined contribution plan. Because of the individual mandate, this is much more common now.
In addition, if the new employee is leaving a company with group health insurance, they will qualify for a special enrollment period because one of the qualifying events is losing group health insurance coverage. Alternatively, they could elect COBRA and have those premiums reimbursed.
There are a number of other qualifying events that will trigger a special enrollment period allowing an employee to enroll or change their individual health plan.
About Zane Benefits
Zane Benefits, the #1 Online Health Benefits Solution, was founded in 2006 to revolutionize the way employers provide employee health benefits in America. We empower employees to take control over their own healthcare, while helping employers recruit and retain the best talent. Our online solutions allow small and medium-sized businesses to successfully transition to a health benefits program that creates happier employees, reduces costs and frees up more time to serve their customers. For more information about ZaneHealth, visit http://www.zanebenefits.com.