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Zane Benefits Publishes New Information on Small Businesses Health Insurance Requirements in 2014
Date:6/12/2013

Park City, Utah (PRWEB) June 12, 2013

Today, Zane Benefits, Inc. published new information on Small Businesses Health Insurance Requirements in 2014. Zane Benefits, which provides comprehensive and flexible alternatives to traditional employer sponsored health benefits, is the leader in defined contribution and health reimbursement arrangement plans.

According to Zane Benefits’ website, many small businesses are asking "starting in 2014, do I have to provide health insurance to employees?" According to the Affordable Care Act (ACA), no business has to offer health insurance. However, the ACA includes a mandate for certain large employers (with over 50 full time equivalent employees) to either offer qualified and affordable health benefits, or pay a tax penalty. This is commonly referred to as the employer mandate, “play or pay” requirement, or employer shared responsibility.

It is important for small businesses to understand whether they are defined as an applicable large employer by the IRS, as the mandate and employer tax penalties only apply to the small business if considered an applicable large employer.

No Mandate or Penalties for Employers with Less Tha
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