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Zane Benefits Publishes New Information on Defined Contribution Health Plans
Date:5/12/2013

Park City, UT (PRWEB) May 12, 2013

Today, Zane Benefits, Inc. published new information on defined contribution health plans. Zane Benefits, which provides comprehensive and flexible alternatives to traditional employer sponsored health benefits, is the leader in health care reform, defined contribution and health reimbursement arrangements.

According to Zane Benefits’ website, businesses have relied on group health insurance to offer employee health benefits. However with continual renewal increases and new ObamaCare regulations, businesses of all sizes are looking at new options for offering employee health benefits. Because of these factors, many business owners are adopting a new strategy -- defined contribution health plans.

Defined Contribution Health Plans

According to Zane Benefits’ website, defined contribution plans are set up with a Stand-Alone Health Reimbursement Arrangement, or HRA. This is also referred to as a Section 105 HRA Plan. The stand-alone HRA allows any business or non-profit to reimburse employees for their health insurance and/or eligible medical expenses on a tax-free basis.

With defined contribution, the business provides employees with a monthly a
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