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Zane Benefits Publishes New Information on Health Reimbursement Arrangements
Date:6/10/2013

Park City, UT (PRWEB) June 10, 2013

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

According to Zane Benefits’ website, Health Reimbursement Arrangements (HRAs) are federally regulated, employer-sponsored health benefit plans that allow participants to receive reimbursement for eligible out-of-pocket healthcare expenses (including certain health insurance premiums). Reimbursements for eligible medical expenses made via an HRA are 100% employer funded, and are generally excluded from federal, state and Social Security taxes.

What health insurance premiums can an HRA reimburse?

According to Zane Benefits’ website, HRAs can reimburse the following types of insurance premiums provided they were not already paid with pre-tax dollars:

  • Major medical individual health insurance premiums
  • Limited benefit individual health insurance premiums
  • Dental care and Vision care premiums
  • Qualified Ancillary premiums (e.g. accident policies)
  • Medicare Part
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