the pennie health insurance marketplace, the new partnership between exchange and giant
What is pennie?
Pennies are a small, copper-colored coin. They are the smallest denomination of U.S. currency and have been in use since 1793. Pennies are distributed by the National Institute of Standards and Technology (NIST). Pennies can be used for activities such as buying items at a convenience store or vending machine, placing a dollar amount on a parking meter, or HALF a meal at a fast food restaurant. Note: The NIST website provides an online calculator to help estimate the value of pennies you may have in your pocket or coins jar. Previously known as the “meatball” penny because of its shape, the penny was renamed in 2012 in honor of Dr. Mary K. Pennie, an accomplished physicist who was also the first woman elected to membership in the Institute of Electrical and Electronics Engineers (IEEE). Learn more about pennies on the NIST website: http://www.nist.gov/public_affairs/releases/2012/pennies_122202.cfm Please note that this information is for general educational purposes only and should not be used as legal or financial advice.”
Benefits of using pennie
The pennie health insurance marketplace is one of the many options to find health insurance. It allows people to compare and purchase health insurance plans from a variety of providers. This can help people find high-quality coverage at a fraction of the cost of traditional health insurance. In addition, people can use pennie to explore different types of coverage options before making a decision.
What are benefits for consumers?
Pennie health insurance marketplace allows consumers to compare health insurance options and choose the plan that best meets their needs. Benefits for consumers include: access to affordable, quality care, protection from catastrophic costs and peace of mind. Consumers can find information about plan options, read reviews from other patients and compare prices online. Pennie also offers a warranty search to find a policy with a specific feature or price point. The pennie health insurance marketplace opened on November 1st, 2016 and is available to consumers in the State of California. The pennie health insurance marketplace lets consumers compare and shop for health insurance plans from multiple providers. Plans offered through the pennie health insurance marketplace must meet minimum standards set by the CA Department of Managed Health Care. In addition, each plan must include a set of required benefits, such as maternity care and pediatric benefits. When choosing a plan, consumers can filter their search results by province or zip code. When viewing coverage options, consumers can select from a variety of plans, including bronze, silver, gold, and platinum level plans.
1. How do I enroll in the pennie health insurance marketplace? Employers who offer health insurance through the pennie health insurance marketplace can enroll employees in exchange plans here. 2. What steps do I need to take to offer coverage through the pennie health insurance marketplace? There are a few things your organization needs in order to sign-up for enrolling employees in an exchange plan: a website or portal, certification from the federal government that your organization meets eligibility requirements, and enrollment forms. 3. What if my organization doesn’t have internet access or isn’t eligible for government certification? If your organization doesn’t have internet access or isn’t eligible for government certification, don’t worry! You can still offer coverage through the pennie health insurance marketplace by enrolling your employees in individual market plans through a licensed carrier. 4. How does my organization determine whether my employees are eligible for a pennie health insurance marketplace plan? Eligibility is based on employer size, as well as whether your employees work 30 hours a week or more, average hourly wages above specified levels, and live within 50 miles of your business location.
Alternatives to pennie
Pennies are a popular way to pay for health insurance. Here are five alternatives to pennie health insurance marketplace: 1. Use a prepaid health care card. This option is good if you don’t have any health insurance or if you want to try out a new plan before choosing one. Prepaid cards come in various denominations and can be used at any doctor or hospital. And, like all health insurance, there is a chance you may have to pay some fees, but the total cost will likely be lower than buying individual health insurance policies through the marketplace.