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Zane Benefits Publishes New Information on Compliant HRA Software
Date:1/27/2013

Park City, UT (PRWEB) January 27, 2013

Today, Zane Benefits, Inc. published new information on compliant HRA software. Zane Benefits, which provides comprehensive and flexible alternatives to traditional employer sponsored health benefits, is the leader in defined contribution and health reimbursement accounts.

According to Zane Benefits’ website, many CPAs and employers consider administering an HRA without proper HRA administration software. CPAs and employers often overlook important compliance obligations that put them at financial risk. Read on for an overview of why you need compliant HRA software. Failure to comply with the following requirements can be costly.

According to Zane Benefits’ website, The following ACA (federal health reform) pieces apply to HRAs in certain cases:

  •     Dependent Coverage for Adult Children up to Age 26
  •     Coverage of Preventative Care Without Cost-Sharing
  •     Annual and Lifetime Limit Rules
  •     Over-the-Counter Medicines and Drugs Require Prescription
  •     Form 720: Fees to Fund Research on Patient-Centered Outcomes
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