Navigation Links
Zane Benefits Publishes New Information on Employee Health Insurance Decisions

Park City, Utah (PRWEB) December 25, 2013

Today, Zane Benefits, the number one online small business health benefits solution, published new information on employee health insurance decisions.

According to Zane Benefits’ website, CEOs at small and growing companies have various factors to consider with employee health insurance.

One of the first steps in evaluating health insurance options is determining who the company will offer benefits to. Will everyone be covered? Or just certain staff? Full time and part time? Do employees already have coverage through spouses or other family members? Would they keep their current coverage if you offered benefits? Do employees already have coverage under an individual health plan? Are they eligible for, and receiving health insurance tax credits?

These types of questions will help you assess what type of health coverage would be best for the company, and how many people will participate.

Cost sharing requirements will vary by the type of health benefits the company decides to offer.

With a group health insurance plan, monthly premiums are generally paid for by both the employer and employees. In most states, employers are required to cover at least 50% of the monthly premium for their employees. Keep in mind what the company can afford, and also what employees can afford. Premium rates may also increase annually.

With a defined contribution approach there is no minimum cost-sharing or minimum contribution amount. The plan could provide a flat $200/month to employees, and employees would cover any remaining amount of their premium. With a defined contribution health plan the company could also offer different amounts by class of employees. For example, the plan could provide $300/month to the CEO and managers and $150/month to part time clerical staff. As long as the classes are based on bona fide job criteria, this is allowed.

Administering a group health insurance plan typically involves plan selection, employee enrollment and education, claim disputes, and annual renewals.

Administering a defined contribution health plan reduces health benefits administration and involves setting up the plan via defined contribution software, employee enrollment and education, and reimbursing employees on payroll.

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

Read the full story at

Source: PRWeb
Copyright©2012 Vocus, Inc.
All rights reserved

Related medicine news :

1. Zane Benefits Publishes New Information on Small Business Health Insurance Alternatives for 2014
2. Da Vinci Robot Lawsuit News: Bernstein Liebhard LLP Notes Publication of New Study Questioning Cost, Benefits of Robotic Surgery
3. Zane Benefits Publishes New Information on Small Business Health Insurance
4. Anti-aging Products That Work: The Benefits of Retin-A by Gallery of Cosmetic Surgery
5. Blood Pressure Reduction Guide Review
6. Secrets And Benefits Of Exposed By Tom Roye
7. Zane Benefits Publishes New Information on Health Insurance for Medical Offices
8. “Raw Food Benefits,” A New Article On, Gives People Advantages of Raw Food - V-kool
9. Pink Shell Beach Resort & Marina Benefits Partners for Breast Cancer Care
10. Zane Benefits Publishes New Information on Upcoming Changes due to Health Reform
11. Bikini Model Program Review
Post Your Comments:
(Date:10/12/2017)... Rockville, Maryland (PRWEB) , ... October 12, 2017 ... ... a magnetic drug delivery system that we intend to develop to enable prevention ... regimens can lead to severe hearing loss, especially in pediatric patients. For cisplatin, ...
(Date:10/12/2017)... PA (PRWEB) , ... October 12, 2017 , ... ... is the recipient of a 2017 Folio Magazine Eddie Digital Award for ‘Best B-to-B ... York City on October 11, 2017. , The annual award competition recognizes editorial and ...
(Date:10/12/2017)... Wesley Chapel, FL (PRWEB) , ... October 12, 2017 , ... ... Chapel is holding a treadmill relay – Miles by Moonlight to raise money for ... by donating $300 or more. , Teams will work together to keep their ...
(Date:10/12/2017)... ... October 12, 2017 , ... Health Literacy Innovations (HLI), ... software tool, and the Cancer Patient Education Network (CPEN), an independent professional organization ... a new strategic alliance. , As CPEN’s strategic partner, HLI will help ...
(Date:10/12/2017)... ... 12, 2017 , ... Vohra Chief Medical Officer Dr. Shark ... skilled nursing facility medical directors and other clinicians at various events in October. ... "At many of these conferences we get to educate other physicians, facility nurses, ...
Breaking Medicine News(10 mins):
(Date:10/11/2017)... , Oct. 11, 2017  True Health, a ... amplified its effort during National Breast Cancer Awareness ... cancer risks. ... Oncology calculated that more than 10 million American ... mutations in BRCA1 or BRCA2 and have not had ...
(Date:10/10/2017)... COUNTY, Calif. , Oct. 10, 2017  NDS received FDA ... Mobile  — a medical-grade battery-powered display stand specifically designed for endoscopy ... to transform technology into a clinical solution to support the improvement ... Innovative Design ... ZeroWire Mobile Wireless Solution ...
(Date:10/7/2017)... IRVING, Texas , Oct. 6, 2017   ... industry with more than $100 billion in purchasing power, ... industry news and information. The Newsroom is ... chain and industry trends, infographics, expert bios, news releases, ... Besides having access to a wealth of resources at ...
Breaking Medicine Technology: