Navigation Links
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. Rather than imposing a particular healthcare plan on all employees, the employer could offer a healthcare benefit allowance (such as a Health Reimbursement Arrangement or HRA). Employees could use their healthcare benefit allowance for eligible medical expenses of their choosing, including:

  • A personal or family insurance plan that fits their specific needs
  • Supplemental coverage like dental or vision insurance, or coverage for dependents
  • Eligible out-of-pocket medical expenses such as doctor visit copays, prescriptions, physical therapy and emergency visits

Employer Control, Employee Choice

According Zane Benefits’ website, healthcare benefit allowances give employers greater control over monthly health benefits costs, and give employees more choice in their health care coverage. With a healthcare benefit allowance, the employer sets their own parameters, including:

  • Which types of medical expenses to cover
  • Maximum contribution amounts
  • What happens to unused contributions

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 employers 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/2013/3/prweb10574901.htm.


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

Related medicine news :

1. Kettlebell Workouts Video Released By Geoff Neupert, StrongFirst Master Kettlebell Instructor, Explains the Benefits of Kettlbell Workouts
2. People with depression may not reap full benefits of healthy behaviors
3. A New Study By CogniFit Finds That Individuals Can Triple Their Cognitive Benefits When Brain Training Continuously Over 6 Months
4. IHC Specialty Benefits Releases an Affordable Care Act Infographic to Help Customers Determine Health Insurance Rebates
5. Study reveals potential immune benefits of vitamin D supplements in healthy individuals
6. Miriam study reveals financial benefits of a plant-based, Mediterranean diet
7. Lorna Kleidman Discusses the Benefits of Kettlebell Training for Powerlifters
8. Attleboro Attorneys Win Social Security Disability Claim for Attleboro Woman Awarded Over $25,000 In Back Due Benefits
9. Zane Benefits Publishes New Information on Health Reimbursement Arrangements
10. Health2Go Announces Medical Research Showing DHEA Improves Health and Benefits Skin
11. D’Oliveira & Associates Helps Woonsocket, RI Man Receive Over $38,000 in Back Due Benefits
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:2/23/2017)... Mass. (PRWEB) , ... February 23, 2017 , ... ... as an approved content provider for the National Institute for Health and ... and social care-related organizations in the National Health Service (NHS) to search, order ...
(Date:2/23/2017)... ... 2017 , ... Dr. David Mahon leads Siena Dental, a comprehensive dental practice ... a 2017 Top Patient Rated Henderson Dentist by Find Local Doctors earlier ... physicians and dentists who have earned high ratings and superior patient reviews from multiple ...
(Date:2/23/2017)... ... February 23, 2017 , ... ERT, a global ... announced that Premier Research, a leading clinical development service provider, has selected ERT’s ... increasingly complex, due in part to an array of circumstances including the use ...
(Date:2/23/2017)... NJ (PRWEB) , ... February 23, 2017 , ... ... the pre-eminent publication and community for those in the fight against cancer, has ... important in their success. HRA will release top-line findings in a webinar, ...
(Date:2/23/2017)... ... ... perfect opportunity for the nation to come together to combine ... bracket – with its favorite fruit – apples! To celebrate ... lovers to join the “Apple Madness” bracket tournament – a ...
Breaking Medicine News(10 mins):
(Date:2/24/2017)... , Australien, 24. Februar 2017 ITL ... Unternehmen des Gesundheitsbereiches, ist erfreut, für das zum ... dem entsprechenden Vorjahreszeitraum exzellente Ergebnisse vorlegen zu können. ... Aktualisierung zum Wachstum" finden Sie hier . ... Gewinn nach Steuern 2,12 Millionen USD (Dez. 2015: 1,04 Millionen USD; +104 %) ...
(Date:2/24/2017)...  The particle counters market is projected to ... 275.9 million in 2016, at a CAGR of ... http://www.reportlinker.com/p04718602-summary/view-report.html The growing pharmaceutical and ... growth in manufacturing industries in emerging nations are ... counters. On the other hand, technical limitations of ...
(Date:2/23/2017)... Research and Markets has announced the addition of the ... report to their offering. ... The latest research Autism Spectrum Disorder Drugs Price Analysis ... the global Autism Spectrum Disorder market. The research answers the ... drugs marketed for Autism Spectrum Disorder and their clinical attributes? How ...
Breaking Medicine Technology: