Navigation Links
Zane Benefits Publishes New Information on Types of Health Insurance Plans
Date:2/3/2013

Park City, Utah (PRWEB) February 03, 2013

Today, Zane Benefits, Inc. published new information on types of insurance plans. Zane Benefits, which provides comprehensive and flexible alternatives to traditional employer sponsored health benefits, is the leader in defined contribution and health reimbursement accounts.

According to Zane Benefits’ website, whether you’re looking at individual health insurance or group health insurance, there are several different types of health plans available. The four you should know are:

1.    PPO Health Insurance Plans,
2.    HMO Health Insurance Plans,
3.    HSA-Qualified Health Insurance Plans, and
4.    Indemnity Health Insurance Plans.

The plan type that is best for you depends on what you and your family want, and how much you are willing to spend. Here’s a brief review of each type of health insurance plans:

PPO Health Insurance Plans

According to Zane Benefits’ website, PPO or “Preferred Provider Organization” plans are the most common. Employees covered under a PPO plan need to get their medical care from doctors or hospitals on the insurance company’s list of preferred providers in order for claims to be paid at the highest level.

HMO Health Insurance Plans

According Zane Benefits’ website, HMO stands for “Health Maintenance Organization.” HMO plans offer a wide range of health care services through a network of providers that contract exclusively with the HMO, or who agrees to provide services to members. Employees participating in HMO plans will typically need to select a primary care physician (“PCP”) to provide most of their health care and refer them on to a HMO specialist as needed.

HSA-Qualified Health Insurance Plans

HSA-qualified plans are typically PPO plans designed specifically for use with Health Savings Accounts (HSAs). An HSA is a special bank account that allows participants to save money – pre-tax – to be used specifically for medical expenses in the future. Health Reimbursement Arrangements (HRAs) are often used in place of HSAs due to their advantages for employers (see HRAs vs. HSAs for more information).

Indemnity Health Insurance Plans

According to Zane Benefits’ website, Indemnity plans allow members to direct their own health care and generally visit any doctor or hospital. The insurance company then pays a set portion of the total charges. Employees may be required to pay for some services up front and then apply to the insurance company for reimbursement.

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 Arrangement (HRAs) and defined contribution healthcare. 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/prweb10379093.htm.


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

Related medicine news :

1. Zane Benefits Publishes New Information on Small Business Employee Benefits
2. Zane Benefits Publishes New Information on Health Care Reform and Adjusted Gross Income (AGI) vs. Modified AGI
3. Zane Benefits Publishes New Information on Actuarial Value (AV)
4. Impotence Drug Cialis Might Have Other Sexual Benefits: Study
5. Coming Out Can Bring Health Benefits, Study Says
6. Study demonstrates health benefits of coming out of the closet
7. Some health benefits of berries may not make it past your mouth
8. Zane Benefits Publishes New Information on Compliant HRA Software
9. New Health Benefits of Water Report Now Available at CoffeeServiceNow.com
10. United Benefit Advisors Celebrates 10th Anniversary and Recognition as One of the Nation's Top 5 Employee Benefits Organizations
11. Physical therapy in the intensive care unit benefits hospitals bottom line
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:2/24/2017)... ... February 24, 2017 , ... Dr. Ronald E. Hawkins, vice ... appointment of Peter A. Bell, DO, MBA, HPF, FACOEP-dist., FACEP, as the new ... 10. Dr. Bell comes to Liberty from the Ohio University Heritage College of ...
(Date:2/24/2017)... ... February 24, 2017 , ... ... it is so critically important that we all are aware of our options ... Mediaplanet is proud to announce the launch of its newest edition of "Vision ...
(Date:2/24/2017)... Aliso Viejo, CA (PRWEB) , ... February 24, 2017 , ... ... within Final Cut Pro X . Users have total control over position, rotation, ... amount, and more all within Final Cut Pro X. , With ProGlass Prism users ...
(Date:2/24/2017)... ... 24, 2017 , ... The International Association of Eating Disorders Professionals (iaedp) announces ... See” body image mannequin art competition. Selected from 15 submissions from around the nation, ... at the 31st annual iaedp Symposium, March 22 – 26 in Las Vegas. , ...
(Date:2/24/2017)... , ... February 24, 2017 , ... ... services, which specializes in thought leadership , media relations, social media, content ... services that will be powered through Act-On, an intuitive marketing automation platform. , ...
Breaking Medicine News(10 mins):
(Date:2/24/2017)... 2017  The particle counters market is projected ... USD 275.9 million in 2016, at a CAGR ... http://www.reportlinker.com/p04718602-summary/view-report.html The growing pharmaceutical ... and growth in manufacturing industries in emerging nations ... particle counters. On the other hand, technical limitations ...
(Date:2/23/2017)... 23, 2017 Visiomed, the French leader ... 1997, is changing the landscape of healthcare with ... with pro-active, custom-made solutions. Recognizing the rising demand ... affordable healthcare without walls, Visiomed has launched BewellConnect, ... with healthcare professionals that is empowering the lives ...
(Date:2/23/2017)... 23, 2017  Cogentix Medical, Inc. (NASDAQ: CGNT), a ... proprietary products for the urology market, will release financial ... December 31, 2016 before the market open on Thursday, ... host a conference call and webcast to discuss its ... 2017 at 11:00 a.m. Eastern Time (10:00 a.m. Central ...
Breaking Medicine Technology: