Park City, Utah (PRWEB) February 20, 2013
Today, Zane Benefits, Inc. published a new guide on health care reform tax penalties. Zane Benefits, which provides comprehensive and flexible alternatives to traditional employer sponsored health benefits, is the leader in defined contribution and health reimbursement arrangements.
According to Zane Benefits’ website, “The Guide to Health Reform's Tax Penalties” helps employers and employees calculate the cost of not buying health insurance in 2014. The Affordable Care Act (ACA) requires certain employers and employees to purchase health insurance or else pay a tax penalty.
According to Zane Benefits’ website, starting January 1, 2014:
1. Employers with 50 or more full time equivalent employees are required to provide health coverage to full-time employees or else pay a tax penalty.
2. Employees are required to purchase health coverage or else pay a tax penalty.
As a result, employers and employees will need to understand the cost of not buying health insurance.
According to Zane Benefits’ website, employers and employees should can utilize this e-book to help calculate the tax penalties for not purchasing health insurance.
About Zane Benefits
Zane Benefits was founded in 2006 to provide a revolutionized SaaS (Software-as-a-Service) administration platform ("ZaneHRA") for Health Reimbursement Arrangements (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.