Navigation Links
Zane Benefits Publishes New Information on Small Business Health Care Changes
Date:11/18/2013

Park City, Utah (PRWEB) November 18, 2013

Today, Zane Benefits, the number one online small business health benefits solution, published new information on small business health care changes.

According to Zane Benefits’ website, small businesses face large health care challenges. Some of these challenges are not new -- the cost of health insurance has been increasing more and more each year, making traditional group health insurance cost-prohibitive for many small businesses.

For most small businesses, the solution to the Affordable Care Act's new challenges and new opportunities is simple: Offer employees health insurance allowances and free your small business from the cost and complication of group health insurance. This strategy is often called "pure" defined contribution health care, and it works because it offers small businesses predictable costs while giving employees access to quality health insurance.

In order to administer health insurance allowances correctly, the employer must ensure that employee reimbursement requests are substantiated in compliance with HIPAA. Because of these HIPAA privacy rules, virtually all businesses use a third-party to handle the premium expense substantiation process.

To offer this type of plan, the business should select a defined contribution software provider and follow the below steps:

  • Setup the Plan
  • Add Eligible Employees .
  • Let Employees Purchase Their Own Individual Health Insurance Plan
  • Substantiate the Expense in Compliance with HIPAA
  • Reimburse Employees

Group health insurance is broken for small businesses and employees. Employees no longer need employers to purchase high-cost health insurance, and employees earning less than 400% of the FPL per year who purchase a personal policy in a state health insurance exchange will receive a large federal subsidy on their premium if their employer doesn’t offer a group health insurance plan.

Being able to completely control all costs and liability is revolutionary for many small businesses. Health insurance allowances free small business owners from many of the challenges of the Affordable Care Act and from the cost and complication of traditional group health insurance.

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 ("ZaneHealth") for 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 Zane Benefits, visit http://www.zanebenefits.com.

Read the full story at http://www.prweb.com/releases/2013/11/prweb11326065.htm.


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

Related medicine news :

1. Zane Benefits Publishes New Information on How Individual Health Insurance is Changing
2. Zane Benefits Publishes New Information on Section 105 Owner Eligibility
3. Zane Benefits Announces New Infographic on The History and Future of Small Business Health Insurance
4. Zane Benefits Publishes New Information on How to Implement Defined Contribution Health Benefits
5. Zane Benefits Publishes New Information on New Health Reform Rules
6. Tips from Water and Skin Researcher About How “Pre-Moisturizing” Improves Benefits of Skin Lotion
7. Animal, human health benefits anticipated from universitys premier biomedical instrument
8. 2014 Industry Forecast: Top Three Trends in Employee Benefits
9. Zane Benefits Publishes New Information On How to Control Healthcare Costs
10. Pacific Prime Clients with Allianz Receive Enhanced Health Insurance Benefits
11. Zane Benefits Publishes New Information on Why Individual Health Insurance Costs Less
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:3/24/2017)... ... March 24, 2017 , ... Vighter established its NAEMT Authorized ... providing Prehospital Trauma Life Support (PHTLS) course scholarships to four medics assigned to ... developed in cooperation with the American College of Surgeons to promote critical thinking ...
(Date:3/24/2017)... ... March 24, 2017 , ... ... world countries to hospitals in the United States, it’s a threat that is ... current obstacles facing infection prevention and offers strategies for the healthcare community to ...
(Date:3/24/2017)... Farifax, VA (PRWEB) , ... March 24, 2017 , ... ... its 2017 Quest Awards . The annual awards, now in their 12th year, ... marketing peers selects the winners. , In 2016, the awards were retooled to recognize ...
(Date:3/24/2017)... ... , ... Texas Physical Therapy Specialists (TexPTS) is pleased to announce the ... clinic is the group’s 7th location in San Antonio and 23rd in Texas. ... care from the clinic, which opened March 22, 2017. , The team ...
(Date:3/24/2017)... ... March 24, 2017 , ... ... related services to families and business owners across eastern Michigan, is connecting with ... families struggling with financial difficulties. , The Oxford/Orion FISH Food Pantry works to ...
Breaking Medicine News(10 mins):
(Date:3/23/2017)... LONDON , March 23, 2017 ... comprehensive research report created through extensive primary research ... research, the report aims to present the analysis ... basis of Procedure (Replacement and Repair); Replacement Procedure ... (TAVR)), Repair By Technique (Surgical Devices, Balloon Valvuloplasty, ...
(Date:3/23/2017)... 23, 2017  The U.S. Food and Drug Administration ... treatment of adults and pediatric patients 12 years and ... who have not received prior chemotherapy. This is the ... form of skin cancer. "While skin cancer ... a rare form called Merkel cell cancer have not ...
(Date:3/23/2017)... SAN DIEGO and VANCOUVER, British ... Inc. (NASDAQ: SPHS ) (the "Company" or ... for the treatment of urological diseases, today announced that ... which evaluated the drug as a focal treatment for ... on March 26, 2017 at the 32 nd ...
Breaking Medicine Technology: