What does exchange enrollment mean?
Another term for the Health Insurance Marketplace®, a service available in every state that helps individuals, families, and small businesses shop for and enroll in affordable medical insurance.
What does on exchange mean in health insurance?
On-exchange means those plans that are available on the public exchange only. If you qualify for a subsidy, and choose to use it on your health plan, then shopping on-exchange is your best option. Roughly 3.5% of the population in the USA qualify for financial assistance. SHOP ON-EXCHANGE.
What is via benefits HRA?
Reimbursements are paid to you out of a Health Reimbursement Account (HRA) at Via Benefits. Via Benefits manages your HRA because they have the administrative capability to work with hundreds of types of healthcare plans. ACERA provides the funds for your HRA.
What are on-exchange plans?
What is on-exchange health insurance? As the name implies, if you buy your health insurance through the health insurance exchange in your state or HealthCare.gov then it’s considered an on-exchange plan.
What is difference between on-exchange and off-exchange?
If you buy your health insurance through the health insurance exchange in your state (on your own, or with the help of a broker or enrollment counselor), it is considered an “on-exchange” plan. If you buy it directly from the insurance company (on your own, or with the help of a broker), it’s off-exchange.
What is Blue Shield off-exchange?
Blue Shield of California Off-Exchange Package for Small Business is designed to make it easy for you to offer quality healthcare coverage to your employees. Not available on the SHOP, these plans can be purchased from Blue Shield through a broker.
What are off-exchange plans?
An off-exchange plan is a health insurance policy that is purchased directly from an insurance company or through an agent or broker, outside of the official ACA-created health insurance exchange. (Note that agents and brokers also help people enroll in on-exchange plans.)
Does via benefits charge a fee?
Via Benefits provides no-cost professional assistance in finding health insurance coverage that works for you.