Navigation Links
Zane Benefits Publishes New Information on Small Business Health Insurance
Date:5/19/2013

Park City, Utah (PRWEB) May 19, 2013

Today, Zane Benefits, Inc. published a 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 health care reform, defined contribution and health reimbursement arrangements.

According to Zane Benefits’ website, many small businesses, start-ups, and the self-employed intrinsically know the value of small business health insurance for themselves and employees. And because of this, small businesses offer health benefits for themselves and employees by purchasing a group health insurance plan, individual policies, or a defined contribution health plan. But what is the value of health insurance? It may sound obvious, but small businesses don’t always understand the basic purpose of health insurance or how it works. There are three main ways health insurance helps protect the self-employed and small business owners (and their employees): protects finances, protects health and protects the small business.

Value of Small Business Health Insurance #1: Health insurance protects small business finances

Health insurance protects the finances of small business owners and employees. Having insurance entitles members to discounted rates for medical care because insurance companies negotiate rates with health care providers. Without coverage, the fee charged for a regular office visit can be twice as high for the same service with coverage.

Additionally, health insurance helps protect employees from unexpected medical costs. Even if the health plan requires members to pay certain costs out of pocket, being covered can help save owners and employees from bankruptcy in case of injury or hospitalization.

According to a Harvard University study, medical expenses is the biggest cause of bankruptcy, representing 62% of all personal bankruptcies (2010). While having health insurance doesn't prevent medical bankruptcy 100%, it does help mitigate the costs of expensive medical treatments or injury.

Value of Small Business Health Insurance #2: Health insurance protects employees health

Generally speaking, health insurance improves employees access to quality care. As a member of a health insurance plan, employees gain access to a broad network of health care providers. Health insurance also provides employees critical care. While uninsured patients will often get emergency-room care and be billed after wards, a provider may not perform treatment for a life-threatening chronic condition without an up-front payment.

Health insurance also encourages a healthier lifestyle for small business owners and employees. For example, employees may be more likely to take advantage of regular checkups and preventive care if they know it will be free or a low-cost co-payment. This contributes to healthier employees, more productive work and fewer sick days.

Value of Small Business Health Insurance #3: Health insurance protects small businesses

For a small business owner or self-employed person, health insurance shields small businesses from personal medical costs. An unexpected personal medical expenses can be devastating on small business. By limiting personal liability for medical costs, health insurance can help keep small businesses operating during times of illness.

Small business health insurance also helps small businesses hire and retain the most talented workers. Offering small business health benefits, including a defined contribution health benefits plan or stand-alone health reimbursement arrangement, is valuable enticement in a total compensation package.

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/2013/5/prweb10747758.htm.


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

Related medicine news :

1. Exciting New Skin Brushes at Sublime Beauty® Bring Health and Beauty Benefits; Celebrities and Models Know the Secret
2. Zane Benefits Publishes New Information on Insurance Agents’ Role in Marketplaces
3. Scientific Research Supports Amaçari Health & Wellness Benefits
4. MEDIA ALERT: Imprivata and Dell Wyse to Discuss Benefits of Desktop Virtualization and Single Sign-On in Healthcare at Citrix Synergy
5. Zane Benefits Publishes New Information on Exchange Navigators
6. Total Wellness Cleanse Diet Plan Review and Detox Benefits Revealed By Daily Gossip
7. Zane Benefits Publishes New Information on New Hampshire Health Insurance Exchange
8. Zane Benefits Publishes New Information on Small Business Health Insurance Alternatives
9. Zane Benefits Publishes New Information on Rhode Island Health Insurance Exchange
10. Zane Benefits Publishes New Information on Defined Contribution Health Plans
11. Benefits of Natural & Organic Bedding Discussed in Latest Article from The Sleepy Shopper
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:9/25/2017)... , ... September 25, 2017 , ... ... an international competition, were announced on Friday, September 22 during a gala event ... human resources professionals, teams, achievements and HR-related products and suppliers who help to ...
(Date:9/25/2017)... (PRWEB) , ... September 25, 2017 , ... ... further expand its Portable, Continuous, Miniature, and Modular (PCMM) collaboration with Pfizer and ... POD-based Oral Solid Dosage line. The new PODs will provide tablet coating capability ...
(Date:9/25/2017)... ... 2017 , ... Lean Management techniques applied to the laboratory ... for laboratory weighing is designed to help laboratory personnel strengthen lab processes ... on downstream processes. , If a problem is detected, the "First-Defect-Stop" procedure should ...
(Date:9/25/2017)... ... , ... The Asset Tracking and Temperature monitoring system works in conjunction with ... bar code of the product and lot ID then scanning the HPP basket and ... automatically generated and exception alerts sent out to designated individuals. , "In recognizing the ...
(Date:9/25/2017)... Seoul, South Korea (PRWEB) , ... September 25, 2017 , ... ... please those looking for a one-stop shop for the hottest Korean cosmetics and fashion ... natural move for a company that’s already well-known for the great offerings that allow ...
Breaking Medicine News(10 mins):
(Date:9/7/2017)... , Sept. 7, 2017  Eli Lilly ... announced actions to streamline operations to more efficiently ... improve its cost structure. Global workforce reductions, including ... are expected to impact approximately 3,500 positions. ... company expects annualized savings of approximately $500 million ...
(Date:9/7/2017)... , Sept. 7, 2017   BioLife Solutions , Inc. ... marketer of proprietary clinical grade cell and tissue hypothermic ... that Mike Rice , President and CEO, will be ... Rodman & Renshaw 19 th Annual Global ... time (12:25 p.m. Pacific time). The conference is being held ...
(Date:9/6/2017)... , Sept. 6, 2017 Eli Lilly and ... will present new data for galcanezumab and lasmiditan, two ... the International Headache Society (IHC) taking place Sept. 7-10 ... Lilly will highlight new, long-term data from an open-label ... of galcanezumab (120 mg and 240 mg) for the ...
Breaking Medicine Technology: