Navigation Links
Zane Benefits Publishes New Information on Small Business Health Insurance
Date:2/23/2013

Park City, UT (PRWEB) February 23, 2013

Today, Zane Benefits, Inc. published new information on small business health insurance. 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, there is a simple solution for small businesses looking for health insurance starting January 1, 2014, and it involves three simple steps.

A Simple Small Business Health Insurance Solution for 2014

Step 1 - Terminate group health insurance plan.

Step 2 - Give employees monthly "health care" allowances to spend on health insurance (whether this be tax-free via an HRA-like arrangement or a taxable stipend).

Step 3 - Allow employees to purchase health insurance in the health insurance marketplaces and receive tax credits that cap their health insurance costs as percent of income.

According to Zane Benefits’ website, a company can work with an insurance broker to compare the employer and employee costs of this simple small business health insurance solution to the cost of providing traditional group health insurance.

How Does This Solution Benefit Employees?

According to Zane Benefits’ website, employees win with this simple solution. The four primary benefits to employees are:

1. Choice
Employees will be able to choose the health insurance plan that best fits their families' needs, including choices between multiple health insurance companies and plan designs.

2. Portability
Employees' individual health insurance is not tied to employment, meaning they will be able to take their health insurance with them when they switch jobs.

3. Guaranteed Renewability
Employees' individual health insurance policies are guaranteed renewable, meaning they cannot be terminated by the insurance company unless an employee stops paying the premium.

4. Savings
Employees reduce their health care costs by 50% or more. Most employees will have access to tax credits through the health insurance marketplace. If an employee is eligible for a tax credit, their cost of health insurance will be capped at 2% - 9.5% of their household income if their household income is less than 400% above the federal poverty line (that’s $94,200 per year for a family of 4 in 2013).

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/2013/2/prweb10454278.htm.


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

Related medicine news :

1. Talking to Yourself Could Have Mental Benefits
2. Research examines when benefits of screening mammography outweigh the harms for women in their 40s
3. Everyday fish oil capsule may provide kidney-related benefits
4. Back Pain Therapy Often Yields Early Benefits: Study
5. Benefits of Widespread Statin Use Outweigh Risks: Study
6. Accelerated chemotherapy given before surgery benefits patients with muscle-invasive bladder cancer
7. Experts call for clinical trials to test non-skeletal benefits of vitamin D
8. Flu shot during pregnancy shows unexpected benefits in large study
9. Zane Benefits Announces Wellness HRAs: A New Way to Reward Healthy Employees
10. Tai Chi increases brain size, benefits cognition in randomized controlled trial of Chinese elderly
11. MTSS-mba Membership Benefits Administration Software for Private and Taft-Hartley Employee Benefit Funds Releases New Pension Modules
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:2/23/2017)... ... February 23, 2017 , ... ... content provider for the National Institute for Health and Care Excellence ... organizations in the National Health Service (NHS) to search, order and purchase medical ...
(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)... ... (PRWEB) February 23, ... the nation to come together to combine its favorite springtime ... its favorite fruit – apples! To celebrate National Nutrition Month, ... the “Apple Madness” bracket tournament – a five-week, five-round online ...
(Date:2/23/2017)... ... , ... HealthPostures, the desk for standing designer headquartered in Prior Lake, Minnesota ... Minneapolis Home and Garden Show which is being held February 24 through 26 and ... the Minneapolis Convention Center. , From its broad line of sit stand desk ...
(Date:2/22/2017)... NY (PRWEB) , ... February 22, 2017 , ... ... life and athletics. It’s enough to overwork even the sharpest brain. , Power ... offer peak healthy activity without over clocking the brain. Each capsule contains Cognizin® ...
Breaking Medicine News(10 mins):
(Date:2/24/2017)... Report analyzes the worldwide markets for Endodontic Supplies in US$ ... Canada , Japan , ... Latin America , and Rest of World. ... through 2022. Also, a six-year historic analysis is provided for ... and secondary research. Company profiles are primarily based on public ...
(Date:2/24/2017)... , Feb. 23, 2017 Non-alcoholic ... on the various drugs being developed for ... all the drugs that are in various ... The pipeline focuses on novel pharmacologic drugs ... stem cell therapies, recombinant proteins and RNA-based ...
(Date:2/23/2017)... Feb. 23, 2017 Visiomed, the French ... since 1997, is changing the landscape of healthcare ... patients with pro-active, custom-made solutions. Recognizing the rising ... and affordable healthcare without walls, Visiomed has launched ... developed with healthcare professionals that is empowering the ...
Breaking Medicine Technology: