Navigation Links
Zane Benefits Publishes New Information on Defined Contribution Administration
Date:12/28/2013

Park City, Utah (PRWEB) December 28, 2013

Today, Zane Benefits, the number one online small business health benefits solution, published new information on defined contribution administration.

According to Zane Benefits’ website, defined Contribution Health Benefits are an alternative to traditional employer-sponsored health benefits, and growing in popularity with small businesses who want to offer health benefits for the first time. Employers use a Defined Contribution Administration provider for compliance and administration reasons.

While this first feature isn’t entirely a "software" feature, it is one of the most important considerations of offering Defined Contribution Health Benefits: employee education and company on-boarding. The Defined Contribution Administration provider should provide e mployers a tool kit to help your company:

  • Understand the benefit
  • Understand the benefits of individual health insurance
  • Learn how to request reimbursement and use their participant portal

Because even when the benefits are awesome, many employees are not familiar with choosing their own policies -- and change can be hard. For this reason, look for a Defined Contribution Administration provider that:

  • Provides custom on-boarding process for your company
  • Provides an instant and electronic way to send Welcome Kits to employees
  • Provides an online help and support center with tutorials for employees and the company administrator
  • Has a responsive and helpful support team knowledgeable about Defined Contribution and health care reform

The Defined Contribution Administration software should allow a business to give employees their allowances monthly or at any time on an exception basis—with automatic monitoring of HIPAA and ERISA discrimination compliance rules. Deferred allowances should be possible for new hires, and suspended allowances should be allowed for former employees that employers hope to re-hire on a seasonal basis.

The Defined Contribution Administration provider should process claims within 24 hours and employees should be able to inquire about their claim via online chat, email, fax, mail, or telephone. No claim should be rejected for improper or incomplete submission without multiple contacts. All employee contact should leave clear audit trails and meet appropriate regulatory guidelines (e.g. ACA, IRS, HIPAA, ERISA, SAS 70). Look for software that provides “real-time” tracking on claims, available online 24/7.

Click here to read the full article.

--

About Zane Benefits
Zane Benefits was founded in 2006 to provide a revolutionized SaaS (Software-as-a-Service) administration platform ("ZaneHealth") for defined contribution health care. The flagship software provides a 100% paperless administration experience to small businesses and insurance professionals that want to offer better health benefits without a traditional group health insurance plan at lower costs. For more information about Zane Benefits, visit http://www.zanebenefits.com.

Read the full story at http://www.prweb.com/releases/2013/12/prweb11451037.htm.


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

Related medicine news :

1. Zane Benefits Publishes New Information on Health Insurance Professionals
2. New Research on Skin Benefits of Alpha Lipoic Acid Announced by Ethical Alternative Products
3. Zane Benefits Publishes New Information on Employee Health Insurance Decisions
4. Zane Benefits Publishes New Information on Small Business Health Insurance Alternatives for 2014
5. Da Vinci Robot Lawsuit News: Bernstein Liebhard LLP Notes Publication of New Study Questioning Cost, Benefits of Robotic Surgery
6. Zane Benefits Publishes New Information on Small Business Health Insurance
7. Anti-aging Products That Work: The Benefits of Retin-A by Gallery of Cosmetic Surgery
8. Blood Pressure Reduction Guide Review
9. Secrets And Benefits Of Exposed By Tom Roye
10. Zane Benefits Publishes New Information on Health Insurance for Medical Offices
11. “Raw Food Benefits,” A New Article On Healthreviewcenter.com, Gives People Advantages of Raw Food - V-kool
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:1/19/2017)... (PRWEB) , ... January 19, 2017 , ... ... 5,000 SF expansion and facility enhancement of their 503A compounding pharmacy located in ... the growing demand of physicians and patients throughout the United States for high-quality ...
(Date:1/19/2017)... (PRWEB) , ... January 19, 2017 , ... ... for tech innovators, engineers, and scientists from around the world, announces the launch ... users a quick and easy portal to research breakthroughs and trending news, vital ...
(Date:1/19/2017)... ... January 19, 2017 , ... Cosmetic Town, an online plastic surgery ... order to make it easier for their readers to get the information they desire. ... as well as the techniques used on those particular areas. , “We are excited ...
(Date:1/19/2017)... (PRWEB) , ... January 19, 2017 , ... ... dermatologist by the American Board of Dermatology and fellowship trained Mohs and cosmetic ... National Institutes of Health, Dr. Li completed his internship in internal medicine at ...
(Date:1/19/2017)... , ... January 19, 2017 , ... ... a doctor who administered fillers that resulted in severe facial disfiguration. After four ... taken on by doctors at UCLA Medical Center, who removed the substances in ...
Breaking Medicine News(10 mins):
(Date:1/20/2017)... -- Research and Markets has announced the addition ... Types, OTC Amplifiers, Diagnostic Instruments), Sales Volume, Company Analysis and ... ... Market Sales Volume, Company Analysis and Forecast to 2022 provides ... The growing prevalence of hearing impairment coupled with ...
(Date:1/20/2017)... BUFFALO, N.Y. , Jan. 20, 2017 /PRNewswire/ ... health programs, has announced the launch of an ... to new guidelines on opioids and helps stem ... Opioids are often prescribed to treat chronic non-cancer ... disease) despite serious risks and lack of evidence ...
(Date:1/19/2017)... , Jan. 19, 2017 ... Summary GlobalData,s new report, "Germany Cataract Surgery Devices ... the Germany Cataract Surgery Devices market. The report provides ... and average prices (USD) within market segements - Phacoemulsification ... also provides company shares and distribution shares data for ...
Breaking Medicine Technology: