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:2/11/2016)... ... February 11, 2016 , ... ... trainer and author Ray Clarke poses a question as a challenge for his ... his book, "Being in the Being" (published by Partridge Singapore), Clarke explores the ...
(Date:2/11/2016)... ... February 11, 2016 , ... AccuVein Inc. announces the Infusion ... of Practice, to include vascular visualization as a standard practice. AccuVein ( http://www.accuvein.com ... the market, facilitates adherence to this standard with its easy to use, widely ...
(Date:2/11/2016)... ... February 11, 2016 , ... Pixel Film Studios brings ... with customizable backdrops in the Christmas edition of the ProDrop series. Pick and choose ... audiences and invoke the spirit of Christmas using ProDrop's wintry generators. ProDrop Christmas is ...
(Date:2/11/2016)... ... 11, 2016 , ... Food Labeling for American Heart Month ... best practices in the past couple of decades, and food manufacturers and distributors ... which acts as an exceptional opportunity to revise food labels and stickers to ...
(Date:2/10/2016)... (PRWEB) , ... February 10, 2016 , ... ... (WMIS), known as the World Molecular Imaging Congress (WMIC), will be held in ... the 2016 meeting is “Imaging Biology…Improving Therapy.” The congress will highlight and emphasize ...
Breaking Medicine News(10 mins):
(Date:2/11/2016)... Iowa , Feb. 11, 2016  Proliant Biologicals ... Zealand Bovine Serum Albumin (BSA) manufacturing facility.  The facility ... New Zealand , in Feilding. ... was done to functionally duplicate the systems in the ... same vendors used for U.S. installations.  --> ...
(Date:2/11/2016)... , Feb. 11, 2016  Attending college is ... those with type 1 diabetes, the journey can be ... schedules, assignments and campus activities, they also manage the ... top of that, many are living away from home ... (Foundation) Lilly Diabetes Tomorrow,s Leaders Scholarship with $100,000 ...
(Date:2/11/2016)... Brain Cancer patients in the Mid-South now ... Cancer Center . Optune™, a portable device ... replication causing death of cancer cells, is the first ... a significant extension in overall survival rates for newly ... Center is the only medical center in ...
Breaking Medicine Technology: