Navigation Links
Zane Benefits Publishes New Information on Reimbursement of Health Insurance Premiums
Date:8/11/2013

Park City, Utah (PRWEB) August 11, 2013

Today, Zane Benefits, the number one online small business health benefits solution, published new information on reimbursement of health insurance premiums.

According to Zane Benefits’ website, a common question from employers is "Can I reimburse employees for the cost of their personal policy premiums?" Yes. By using an IRS-approved HRA, employers can provide tax free reimbursement to employees for their personal premium policies in a compliant way.

According to Zane Benefits’ website, from a regulatory standpoint this is allowed because the HRA itself is the "Plan," not the personal premiums purchased with HRA funds. HRAs are qualified ERISA- and HIPAA-compliant group health benefits plans. As such, employees in the same HRA class must receive the same HRA allowances. However, the medical items (including personal health policy premiums) that each employee chooses, are not considered part of the qualified group health benefits plan.

For this reason, according to Zane Benefits’ website, HRAs are allowed in every state to reimburse employees tax-free for their personal policy premiums (or other out-of-pocket medical expenses), even though employees typically pay different amounts for personal policy premiums and medical purchases.

Click here to read the 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/2013/8/prweb11006173.htm.


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

Related medicine news :

1. Zane Benefits Publishes New Information on the New Health Insurance Subsidies
2. Zane Benefits Publishes New Information on HRA Timing Rules
3. Zane Benefits Publishes New Information on How to Offer Better Health Insurance
4. Tidy desk or messy desk? Each has its benefits
5. Naomi Wolf Keynote Speaker at Orgasmic Meditation Xperience (OMX): A Conference on the Medical Benefits of Female Orgasm, Open to the Public August 9th
6. Zane Benefits Publishes New Information on Navigator Final Rule
7. Zane Benefits Publishes New Information on Small Business Health Insurance for Employees
8. Zane Benefits Publishes New Information on Section 105 for Small Business Owners
9. Zane Benefits Publishes New Information on HRA Distributions
10. Zane Benefits Publishes New Information on How to Implement a HRA
11. Three Top Benefits of Skin Brushing from Sublime Beauty
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:10/13/2017)... (PRWEB) , ... October 13, 2017 , ... Apple ... care services, staged a mock evacuation of the facility as part of a disaster ... Fire Department, Echo Hose EMS and Shelton City Emergency Manager, as well as the ...
(Date:10/13/2017)... , ... October 13, 2017 , ... Global Healthcare Management’s ... Alexandria Park in Milford, NJ. This free event, sponsored by Global Healthcare Management’s ... The fun run is geared towards children of all ages; it is a ...
(Date:10/13/2017)... ... October 13, 2017 , ... “The Journey: From the ... danger possible to save lost souls in the Philippines. “The Journey: From the Mountains ... a dedicated teacher of the Bible. She has taught all ages and currently teaches ...
(Date:10/12/2017)... ... October 12, 2017 , ... Planet Fitness, one of the largest and ... plans to open a flagship location in Covington, LA at 401 N. U.S. Highway ... store next to Office Depot in the Holiday Square shopping center. Its location allows ...
(Date:10/12/2017)... ... 2017 , ... Asante, a nationally recognized health system in ... existing home health joint venture through an agreement, effective October 1, 2017, to ... home health company with Asante, delivering clinically integrated care, for the past eight ...
Breaking Medicine News(10 mins):
(Date:10/10/2017)... -- NDS received FDA 510(k) clearance in May 2017 for its highly ... designed for endoscopy environments. An innovative secondary monitor solution, ZeroWire ... support the improvement of patient outcomes, procedural efficiency, and the lowering ... ... ...
(Date:10/4/2017)... 4, 2017  South Korean-based healthcare product Development Company ... "cprCUBE" on Kickstarter. The device will educate the user ... with better efficiency compared to the dated and pricey ... on efficacy of the compression for a more informed ... goal to raise $5,000. ...
(Date:10/2/2017)... 2017  Eli Lilly and Company (NYSE: ... third quarter of 2017 on Tuesday, October 24, 2017. ... day with the investment community and media to further ... call will begin at 9 a.m. Eastern time. Investors, ... webcast of the conference call through a link that ...
Breaking Medicine Technology: