Navigation Links
Zane Benefits Publishes New Information on HRAs and Health Care Ministry Sharing Programs
Date:7/17/2013

(PRWEB) July 17, 2013

Today, Zane Benefits, the online alternative to group health insurance, published new information on HRAs and Health Care Ministry Sharing.

According to Zane Benefits’ website, Health Reimbursement Arrangements (HRAs) offer non-profits, faith-based organizations, and churches a dynamic health benefits tool to recruit and retain key employees. This article looks at how organizations can use Health Reimbursement Arrangements with health care ministry sharing programs, commonly referred to as medishare or medi-share programs.

There are several faith-based organizations who offer health care sharing ministries, individuals that belong to a health sharing ministry are exempt from the individual responsibility requirements of the Patient Protection and Affordable Care Act (PPACA) in 2014. In other words, if an individual belongs to a health sharing ministry, they are not subject to the "individual mandate." According to the federal definition outlined in the PPACA, a health care ministry program:

  • Must be a 501(c)(3) organization
  • Members must share common ethical or religious beliefs
  • Must not discriminate membership based on state of residence or employment
  • Members cannot lose membership due to development of a medical condition
  • Must have existed and been in practice continually since December 31, 1999 (a grandfather clause)
  • Must be subject to an annual audit by an independent CPA which must be publicly available upon request

According to Zane Benefits’ website, health care ministry programs are not offered by an insurance company, and the benefit is not insurance. Therefore, the membership fees/donations are not reimbursable through a Health Reimbursement Arrangement according to IRS guidelines. However, there is a way these medi-sharing programs and HRAs work well together.

Click here to read full article.

--

About Zane Benefits
Zane Benefits was founded in 2006 to provide a revolutionized SaaS (Software-as-a-Service) administration platform ("ZaneHRA") for Health Reimbursement Arrangements (HRAs) and 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 ZaneHRA, visit http://www.zanebenefits.com.

Read the full story at http://www.prweb.com/releases/2013/7/prweb10934034.htm.


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

Related medicine news :

1. Expert Nutritionists Post Articles About the Health Benefits of Various Foods at TheHealthBenefits.com
2. What are fructooliogosaccharides and how do they provide health benefits?
3. Zane Benefits Publishes New Information on the Oklahoma Health Insurance Exchange
4. Zane Benefits Publishes New Information on HRA Owner Eligibility
5. Zane Benefits Publishes New Information on Health Reimbursement Arrangements
6. Kangaroo care offers developmental benefits for premature newborns
7. Zane Benefits Publishes New Information on How to Change to Defined Contribution
8. Comfort & Harmony™ Weighs in on Possible Lifelong Social Benefits of Breastfeeding, Makes Breastfeeding Easier with mombo™ Nursing Pillow Available at Babies “R” Us
9. Teleradiology and Telemedicine Leader Offers Patients Low Cost, Same-Day, Second Opinions from Board Certified Experts/ABC TV Shines Spotlight on Benefits
10. Zane Benefits Publishes New Information on the Kansas Health Insurance Exchange
11. RSNA: Exercise Benefits Patients with Type 2 Diabetes
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:10/13/2017)... ... , ... While it’s often important to take certain medications during the night, ... has identified a solution. , She developed a prototype for MOTION LIGHT-UP PILL BOX ... eliminates the need to turn on a light when taking medication during the night, ...
(Date:10/13/2017)... ... 2017 , ... The International Association of Eating Disorders Professionals ... the field of eating disorders, announces the opening of early registration for the ... at the Omni Resort at ChampionsGate. , The annual iaedp™ Symposium ...
(Date:10/13/2017)... Ill. (PRWEB) , ... October ... ... Edwardsville School of Pharmacy (SOP) alumni Hannah Randall, PharmD ‘17, and Jennifer ... healthcare professionals on guideline updates for the primary prevention of cardiovascular diseases ...
(Date:10/13/2017)... ... ... Apple Rehab Shelton Lakes , which specializes in the delivery of ... part of a disaster drill on October 3rd. , Apple Rehab participated with the ... as well as the Connecticut Long Term Care Mutual Aid Plan (LTC-MAP). The ...
(Date:10/13/2017)... BASKING RIDGE, N.J. (PRWEB) , ... October 13, 2017 , ... ... second annual Holly Day Market. Featuring a collection of specialty vendors and unique items ... myriad of personalized and quality-focused health and wellness services offered by the VNA. ...
Breaking Medicine News(10 mins):
(Date:10/2/2017)... , Oct. 2, 2017 Halo Labs announces the ... analysis system called the HORIZON at MIBio 2017 in ... subvisible and visible particulate matter in biopharmaceutical samples with unprecedented speed ... of the novel technique Backgrounded Membrane Imaging. ... The HORIZON subvisible particle analysis system ...
(Date:9/27/2017)... -- Commended for their devotion to personalized service, SMP Pharmacy Solutions ... in the South Florida Business Journal,s 50 Fastest-Growing Companies, and ... the national specialty pharmacy has found its niche.  To that ... be honored by SFBJ as the 2017 Power Leader in ... receive his award in October, Bardisa said of the three ...
(Date:9/23/2017)... -- Janssen Biotech, Inc. (Janssen) announced today that it ... Food and Drug Administration (FDA) for the Biologics License ... of moderately to severely active rheumatoid arthritis (RA). The ... to further evaluate the safety of sirukumab in the ... "We are disappointed by ...
Breaking Medicine Technology: