Navigation Links
Defined Contribution: A Healthcare Win for Brokers, Employers & Employees - Zane Benefits Publishes Information
Date:12/6/2012

(PRWEB) December 06, 2012

Zane Benefits, the leader in Defined Contribution Healthcare, Health Reimbursement Arrangements (HRAs), and Private Health Exchanges, today published information outlining why Defined Contribution helps brokers, employers and employees at the same time.

Employers need a competitive health benefits program to recruit and retain top employees, but traditional employer-sponsored health insurance has become unaffordable. As a result, businesses of all shapes and sizes are considering offering “healthcare reimbursements” vs. “health insurance” rather than reducing or cutting out benefits completely. Similar to employers’ recent shift to from “defined benefit” pension plans to “defined contribution” 401k plans in the retiree benefit space, defined contribution healthcare plans are becoming an attractive alternative to traditional “defined benefit” employer health insurance plans.

With a defined contribution healthcare plan, a company utilizes a health reimbursement arrangement (HRA) to reimburse its employees tax-free for individual health insurance premiums and other covered medical expenses, such as doctor visits and prescription medications. The employer makes available to each employee a fixed HRA dollar amount (aka “defined contribution”), which can vary by employee class. This differs from the traditional “defined benefit” health insurance approach, whereby an employer selects and funds a single “one-size-fits-all” health plan for employees and their families.

So, how can jumping on the defined contribution healthcare bandwagon be a win-win-win for Brokers, Employers and Employees?

Read the full article on "Why Defined Contribution is a Healthcare Win for Brokers, Employers & Employees" to learn why!

Read the full story at http://www.prweb.com/releases/2012/12/prweb10172238.htm.


'/>"/>
Source: PRWeb
Copyright©2012 Vocus, Inc.
All rights reserved

Related medicine news :

1. Gold standards of success defined for AF ablation
2. University Hospitals & Philips Healthcare to showcase imaging technology at Cleveland Medical Mart
3. CWRU dental and nursing students collaborate for one-stop healthcare
4. TGen, Scottsdale Healthcare lead worldwide study of new drug for patients with pancreatic cancer
5. Social environmental factors affect rehospitalization risk in home healthcare patients
6. Kessler Foundation stroke expert receives $145,000 grant from Healthcare Foundation of New Jersey
7. Healthcare ethics consultants share lessons learned
8. Health inequalities could be reduced by more effective healthcare, says new study
9. Daily disinfection of isolation rooms reduces contamination of healthcare workers hands
10. Healthcare researchers recognized at SingHealth Duke-NUS Scientific Congress 2012
11. Coral Calcium Company Announces New Offer Amidst Supreme Court Healthcare Decisions
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:10/12/2017)... ... October 12, 2017 , ... Planet Fitness, one of ... announced today its plans to open a flagship location in Covington, LA at 401 ... Rooms To Go store next to Office Depot in the Holiday Square shopping center. ...
(Date:10/12/2017)... ... , ... IsoComforter, Inc. ( https://isocomforter.com ), one of the Nation’s ... design of the shoulder pad. The shoulder pad provides optimal support and full ... while using cold therapy. By utilizing ice and water that is circulated from an ...
(Date:10/12/2017)... ... October 12, 2017 , ... Asante, a ... health care, have expanded their existing home health joint venture through an agreement, ... been operating a joint venture home health company with Asante, delivering clinically integrated ...
(Date:10/12/2017)... ... October 12, 2017 , ... ... has recently contributed a medical article to the newly revamped Cosmetic Town ... article spotlights the hair transplant procedure known as Follicular Unit Extraction ...
(Date:10/12/2017)... ... 2017 , ... Leading pediatric oncology experts at Children’s National Health System ... Congress of the International Society of Paediatric Oncology (SIOP) Oct. 12-15. Chaired by ... and Blood Disorders at Children’s National, and Stephen P. Hunger, M.D., Chief of ...
Breaking Medicine News(10 mins):
(Date:9/25/2017)...  EpiVax, Inc., a leader in the fields ... announced the launch of EpiVax Oncology Inc., a ... cancer vaccines. EpiVax has provided $500,000 in seed ... technologies to the new precision immunotherapy venture. Gad ... as Chief Executive Officer. Gad brings over 25 ...
(Date:9/19/2017)... ARBOR, Mich. , Sept. 19, 2017 HistoSonics, Inc., a venture-backed medical device ... precise destruction of targeted tissues, announced three leadership team developments today:   ... Stopek, PhD ... ... Veteran medical device executive ...
(Date:9/13/2017)... , Sept. 13, 2017   OrthoAtlanta has ... the Atlanta Football Host Committee (AFHC) for the 2018 College ... Jan. 8, 2018, at Mercedes-Benz Stadium in Atlanta, ... of the AFHC "I,m In" campaign, participating in many activities ... ...
Breaking Medicine Technology: