Park City, Utah (PRWEB) November 28, 2013
Today, Zane Benefits, the number one online small business health benefits solution, published new information on tips for health reform 2014.
According to Zane Benefits’ website, January 1st is quickly approaching and many major provisions of the Affordable Care Act (ACA) will be taking effect. Small businesses are considering now how to offer the best benefits at the most affordable price in 2014, and what the ACA means to their business and to their bottom line.
1. Identify Your Health Insurance Goals
Most small businesses have goals such as affordability, reducing administrative time, retaining key employees, improving productivity, and having an attractive benefits package to offer prospective employees.
2. Consider Non-Traditional Health Insurance Options
Many small businesses have been priced out of a traditional small group health insurance plan. Or, they identify their health benefits goals and realize a traditional route does not match up. Because of these reasons, and because of the new advantages with individual health insurance in 2014, small businesses are adopting "pure" defined contribution health benefits. With a "pure" defined contribution health benefits approach, you set your budget (any amount) and provide healthcare allowances to employees to use to purchase their own individual health insurance.
3. Communicate with Employees
To help ease employees' concerns and increase their knowledge, communicate with employees now, and on an on-going basis, about how the ACA is impacting health benefits and what they personally need to know about the ACA.
4. Understand New ACA Requirements for 2014
Make sure the requirements as a small business under ACA are well understood.
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.