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:10/13/2017)... ... 13, 2017 , ... Dickinson Insurance and Financial Services, a ... services, is providing an update on a charitable event that began earlier this ... a locally recognized nonprofit that provides shelter and care for animals seeking new ...
(Date:10/13/2017)... ... ... The American Board of Family Medicine's (ABFM) Board of Directors has selected ... Dr. James C. Puffer upon his retirement. Dr. Newton will serve in the position ... the end of 2018. Upon assuming the role of President and CEO on January ...
(Date:10/13/2017)... ... October 13, 2017 , ... Southern ... and Jennifer Huggins, PharmD ’17, along with clinical associate professor Janice Frueh, ... cardiovascular diseases during the 15th Annual Women’s Health Conference. The SIU School ...
(Date:10/13/2017)... ... 2017 , ... Many families have long-term insurance that covers care for a ... waiver for care if the client has a cognitive impairment diagnosis. , “What ... is often waived, so the benefits from their insurance start immediately,” said Mechell Vieira, ...
(Date:10/13/2017)... ... October 13, 2017 , ... Global Healthcare Management’s 4th Annual ... in Milford, NJ. This free event, sponsored by Global Healthcare Management’s CEO, Jon ... fun run is geared towards children of all ages; it is a non-competitive, non-timed ...
Breaking Medicine News(10 mins):
(Date:10/12/2017)... AVACEN Medical , Inc. (AVACEN) announced that ... New Product Innovation Award for Its fibromyalgia pain management ... medical device market research by Frost & Sullivan,s industry experts. ... pain relief product, the AVACEN 100, offers a safe and ... pain. ...
(Date:10/11/2017)... 2017  Caris Life Sciences ® , a leading ... of precision medicine, today announced that St. Jude Medical ... Alliance™ (POA) as its 17 th member. Through ... Crosson Cancer Institute will help develop standards of care ... profiling, making cancer treatment more precise and effective. ...
(Date:10/10/2017)... EXTON, Pa. , Oct. 10, 2017   ... leader in innovative solutions for injectable drug administration, today ... of West,s ID Adapter for improving the intradermal administration ... the Fourth Skin Vaccination Summit in May 2017 by ... Team Lead, Polio Department, World Health Organization (WHO), and ...
Breaking Medicine Technology: