Navigation Links
Zane Benefits Publishes New Information on Small Business Health Insurance Questions
Date:10/23/2013

Park City, UT (PRWEB) October 23, 2013

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

According to Zane Benefits’ website, small businesses face important decisions about employee health benefits, especially as the Affordable Care Act (ACA) creates new regulations, and new opportunities, around small business health insurance options.

1. Should a small business offer health benefits, or not?

Health benefits can be a cost-effective and tax-free way to boost employee compensation. An employer with fewer than 50 full-time equivalent employees, will not pay a fine for not offering a health plan in 2015 under the ACA 'employer mandate' requirement. In the last few years new health insurance solutions for small businesses have emerged that make health benefits more affordable.

2. How much can a small business afford to spend?

A business that currently provide employees health benefits, may already have a budget for health benefits. But, for the 65% of small businesses (< 50 employees) who do not offer health benefits, it may be the first time considering options.

According to Zane Benefits’ website, many small businesses decide how much they can budget for health benefits and look at options from there. Other small businesses assess current rates to build their budget.

A group health insurance premium is usually shared between the employer and employee, and less expensive rates may be found through the appropriate state SHOP Exchange.

Small businesses also look at and compare the cost of individual or family health insurance rates. A small business can pair individual health insurance with a defined contribution offering (discussed more below).

3. Which strategy a small business owner choose?

Group Health Insurance Plan: Also called employer-sponsored health insurance or job-based health insurance, a group health insurance plan usually covers all employees and their family members. These plans are generally uniform in nature, offering the same benefits to all employees or members of the group.

Defined Contribution Health Plan: Rather than paying the costs to provide a specific group health insurance plan, employers can fix their costs on a monthly basis by establishing a defined contribution health plan. Defined contribution health plans by themselves are not health insurance plans, employees receive a healthcare allowance to spend on their own personal health insurance policies.

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/2013/10/prweb11256698.htm.


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

Related medicine news :

1. Natural Anti-Inflammatory and Anti-Oxidant Benefits Found in the Pure Daily Body Oil from Sublime Beauty®; Now Available
2. Enhanced Maternity Benefits for Pacific Prime Clients with Bupa International
3. Zane Benefits Publishes New Information on Small Business Health Insurance Options
4. New Wellness Switch from Biomorph Standing Desks Encourages Users to Stand While Working & Counts the Number of Calories Burned to Increase Health Benefits at Work
5. MVB Entertainment Offers Benefits To Its Employees; Including Musicians On Its Independent Record Label MVB Records
6. Zane Benefits Publishes New Information on How to Setup a Defined Contribution Plan
7. Zane Benefits Publishes New Information On Employee Retention With Millennials
8. Zane Benefits Publishes New Information on Employers of Choice
9. Zane Benefits Publishes New Information on New Guidance and HRPs
10. Finally, A Big Company Benefits Administration Solution For Every Company
11. Examining the Benefits of an International Breast Registry
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:6/26/2016)... ... June 26, 2016 , ... Brent Kasmer, a legally blind and certified personal trainer is helping ... fitness app. The fitness app plans to fix the two major problems leading the fitness ... size fits all type program , They don’t eliminate all the reasons people ...
(Date:6/25/2016)... ... June 25, 2016 , ... Experts from the American Institutes ... Research Meeting June 26-28, 2016, at the Hynes Convention Center in Boston. , ... advance care planning, healthcare costs and patient and family engagement. , AIR researchers ...
(Date:6/25/2016)... Miami, FL (PRWEB) , ... June 25, 2016 , ... The temporary closing of Bruton ... Plant City Observer , brings up a new, often overlooked aspect of head lice: ... The closing for fumigation is not a common occurrence, but a necessary one in the ...
(Date:6/25/2016)... ... ... First Choice Emergency Room , the largest network of independent freestanding emergency ... its new Mesquite-Samuell Farm facility. , “We are pleased to announce Dr. Ogunleye ... M. Muzzarelli, Executive Medical Director of First Choice Emergency Room. , Dr. Ogunleye ...
(Date:6/25/2016)... ... June 25, 2016 , ... ... non-athletes recover from injury. Recently, he has implemented orthobiologic procedures as a method ... —Johnson is one of the first doctors to perform the treatment. Orthobiologics are ...
Breaking Medicine News(10 mins):
(Date:6/24/2016)... FRANCISCO, Calif. , June 24, 2016 /PRNewswire/ ... ), a biopharmaceutical company developing novel therapeutics for ... unmet needs, today announced the closing of its ... of common stock, at the public offering price ... in the offering were offered by GBT. GBT ...
(Date:6/24/2016)... June 24, 2016 The Academy of Managed ... recommendations that would allow biopharmaceutical companies to more ... that make formulary and coverage decisions, a move that ... new medicines. The recommendations address restrictions in ... on the drug label, a prohibition that hinders decision ...
(Date:6/24/2016)... According to a new market ... Needles, Safety Pen Needles), Needle Length (4mm, 5mm, 6mm, ... of Purchase (Retail, Non-Retail) - Trends & Global Forecasts ... market for the forecast period of 2016 to 2021. ... by 2021 from USD 1.65 Billion in 2016, growing ...
Breaking Medicine Technology: