With the cost of group healthcare on the rise, employers are reimburse individual health insurance as an alternative to group health insurance on a contribution switching solution. Individual health insurance premiums tax-free refunded through a premium refund plan. Although employers see the benefits change from employees individual health insurance, according to a recent survey by The Morning Consult, a majority of employees through their employers are anxious to move them to the marketplace.
Reviews This article describes the highlights in the survey concerns and tips provides transition employees individual health insurance to smooth.
employees concerned about a switch in the marketplace
According to the poll conducted by The Morning CONSULT to the marketplace the concern about health care is varied, switched on the basis of political party affiliation. Republicans are the most affected, bringing 72 percent of a certain amount of concern expressed. Only 60 percent of independents and 53 percent of Democrats expressed a degree of concern 
. Source: The Morning Consult
Concern about by age varied market coverage is turned on. demographic 18 to 29 age group expressed the most concern (74 percent). The number falls in the older demographics. Concern was 65 percent of individuals age expressed 30 and 44, and 61 percent of people aged 45 to 64. 
Source: The Morning Consult
How can employers employees transition assistance health insurance individual
individual in converting employee health insurance, there are several things to keep in mind to ensure a smooth transition. If an employer canceled a group policy, all that will be covered for a special enrollment period for individual health into consideration. That is, they are entitled, besides the annual Open Enrollment period to purchase individual health insurance.
If the employees to buy in the market switching health insurance, it is also important to educate employees about the benefits of individual health insurance. While individual health insurance plans are not new, the Affordable Care Act (ACA) creates new advantages as well make individual health insurance - if not better - than traditional health insurance group. The new benefits are:
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Coverage of pre-existing conditions (employees can no longer denied coverage or charged due to illness)
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cover essential benefits health (a core set of health benefits and services).
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employees can keep their policies when changing jobs.
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, the employee can choose the policy that best suits pay for her family, including the network of providers and level of coverage. it can support to be granted
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individual health insurance costs less and employees for a premium tax credit with the cost of monthly health insurance premiums.
more information about the benefits of individual health insurance can be found on this guide.
Many employers want to help their employees with the cost of their individual health insurance premiums. Employers can reimburse employees tax-free for their premiums to implement reimbursement program through a premium. To set this up, the employer must first decide how much they are to employees contribute health insurance costs ". This allowance or" defined contribution "may be the same for all employees, or it can vary on employee class and / or family status.
If employees properly from a group health insurance plan a transitioned individual health insurance, they will be able to offer to see the many advantages of individual health insurance.
Read the Morning here Poll analysis Consult
you have any questions about your employees individual health insurance transition?
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