Texas health insurance exchange will roll out tomorrow

Texas health insurance exchange will roll out tomorrow
Reporter- Houston Business Journal
After months of anticipation and speculation, the health insurance marketplace for Texas — and the rest of the nation — will roll out Oct. 1.

The marketplace, also known as the health insurance exchange, will serve up offerings geared primarily toward those who don’t currently have insurance and those who pay for their own health insurance out of pocket.

Even though the mandate requiring companies that employ 50 or more workers to provide health insurance or pay a penalty was delayed until 2015, the individual mandate will kick in as of 2014.

The look of the federally run exchange is still under wraps, but last week we learned Texans will be able to choose from lower-than-expected health plan premiums through the marketplace.

In Texas, the average premium for the lowest-cost silver plan will be $287 and the lowest-cost bronze plan will be $211. The average premium nationally for the…Continued here: http://www.bizjournals.com/houston/news/2013/09/30/texas-health-insurance-exchange-will.html

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