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Zane Benefits Publishes New Information on Healthcare Benefit Allowances
Date:3/28/2013

Park City, Utah (PRWEB) March 28, 2013

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

According to Zane Benefits’ website, Health Reimbursement Arrangements (HRAs) and defined contribution health benefits are types of healthcare benefit allowances.

What is a Healthcare Benefit Allowance?

According Zane Benefits’ website and Investopedia, a benefit allowance is: "Money that a company or government agency provides to an employee for a specific purpose, such as transportation, healthcare costs or a flexible spending account. Benefit allowances administered to employees can be distributed through regular payroll."

Therefore, a healthcare benefit allowance is simply an allowance a company or organization provides to employees for healthcare expenses.

How Healthcare Benefit Allowances Work

According Zane Benefits’ website, employers can use a healthcare benefit allowance to give employees flexibility in creating a benefits package that best meets their needs.
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