Navigation Links
Zane Benefits Publishes New Information on the ACA Penalty vs. Premium Decision
Date:11/2/2013

Park City, Utah (PRWEB) November 02, 2013

Today, Zane Benefits, the number one online small business health benefits solution, published new information on the ACA penalty vs. premium costs.

According to Zane Benefits’ website, when the Patient Protection and Affordable Care Act was passed on March 23, 2010 it included an employer shared responsibility provision. This has come to be known as the "Pay or Play" decision or the "Employer Mandate." This provision is only applicable to larger employers with 50+ full time equivalent employees and goes into effect in 2015.

The decision to pay or play means the decision to either provide health coverage that meets the minimum essential coverage, minimum value, and affordability requirements ("play") or decide to pay a penalty ("pay"). A third option is to "play differently" with a pure defined contribution health benefits strategy. This third option allows employers to take advantage of the individual insurance premium tax subsidies and actually save money on health costs.

In July 2013 this provision, and the related penalties, were delayed from 2014 to 2015. Small businesses are not impacted by this provision. However, even with the provision delayed a year, many medium and large employers still have this looming deadline on their mind and are planning their 2015 health benefits now.

To play means a company would offer employees health insurance that meets essential health benefits and is affordable to employees, by PPACA standards -- pay the premiums.

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/2013/11/prweb11292657.htm.


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

Related medicine news :

1. Kessler researchers find aerobic exercise benefits memory in persons with multiple sclerosis
2. Zane Benefits Publishes New Information on Pure Defined Contribution Health Models
3. Zane Benefits Publishes New Information on Building Relationships with Small Businesses
4. Social Security, Veterans Disability Recipients to See 1.5 Percent COLA Increase in Benefits for 2014
5. National Employee Benefits Advisor Welcomes New Regional Sales Manager to Omaha Office
6. Zane Benefits Publishes New Information on Important Dates for the Individual Mandate
7. Zane Benefits Publishes New Information on Health Insurance Allowances
8. Online Aloe Vera Leader Releases New Report on Aloe Vera Gel Benefits
9. Zane Benefits Publishes New Information on Keeping Healthcare Costs Down Without Cutting Benefits
10. Inventor Richard Michiel Launches IndieGoGo Crowdfunding Promotion to Start an Advertising Campaign while Adding Even More Benefits to the Bottle Blocker and Saving Lives
11. Dental Practice Advises on End of Year Benefits Expirations
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:12/6/2016)... ... 06, 2016 , ... The International Vaccine Institute (IVI) and ... the Middle East Respiratory Syndrome Coronavirus (MERS-CoV). The collaboration will accelerate MERS-CoV vaccine ... deployment in the event of a future outbreak. , IVI and GeneOne held ...
(Date:12/6/2016)... ... 2016 , ... According to a November 1 article published on ... or not drinking enough water, which can cause bad breath (known medically as halitosis). ... oral hygiene not only helps reduce the possibility of bad breath, but it can ...
(Date:12/6/2016)... ... December 06, 2016 , ... ... for population health management, announces today a strategic relationship with CitiusTech, a ... clinical rules engine that offers advanced Clinical Quality Measures (CQM) computation capabilities ...
(Date:12/6/2016)... ... December 06, 2016 , ... In anticipation for the New Year, ... availability of continuing education courses in 2017, dentists of all levels can continue to ... in January, dentists can attend a variety of continuing education courses each month on ...
(Date:12/6/2016)... ... ... Why does the prevalence of obesity continue to increase worldwide? Some would say ... the cause of obesity in his new book “Body Weight Regulation.” , “Body ... a healthy life. Proietto said understanding the regulation of body weight and the causes ...
Breaking Medicine News(10 mins):
(Date:12/6/2016)... 2016  Licenders is bringing their 100% all-natural lice removal service ... Slope at 203 13 th Street was specifically chosen to ... "Our goal is to ease parents, stress and bring ... get children right back to class without skipping a beat. The ... safe for the whole family," Licenders President Adie Horowitz ...
(Date:12/6/2016)... 2016 Diabetes & Obesity Drug Development Pipeline ... disease cluster is currently dominated by therapeutics indicated for ... mellitus (T2DM), and the majority of the pipeline, in ... attributable to these indications. While products indicated for obesity ... are a large number of these products in the ...
(Date:12/6/2016)... -- Human Vaccines Market: Scope and Methodology ... wise analysis of the human vaccines market. Stakeholders ... products, raw material suppliers, vaccine processing companies, and ... The report provides qualitative and quantitative analysis of ... market dynamics, trends, product overview, and country-level market ...
Breaking Medicine Technology: