Park City, UT (PRWEB) August 27, 2013
Today, Zane Benefits, the number one online small business health benefits solution, published new information on HRA 101 whitepaper.
According to Zane Benefits’ website, this updated Whitepaper Helps Small Businesses and Insurance Agents Understand HRAs - The Future of Health Benefits.
The recent re-release of its most popular health benefits whitepaper "Health Reimbursement Arrangements (HRAs) 101" responds to the increasing number of small businesses that are looking for alternatives to group insurance. Continual increases in healthcare costs have adversely impacted U.S. businesses’ ability to provide health benefits. Smaller employers have been particularly hurt, and many have dropped group plans because they have become too expensive. The updated whitepaper helps small business owners, HR managers, insurance professionals, and CPAs understand the foundation of defined contribution health plans.
Health Reimbursement Arrangements (HRAs) are the basis for defined contribution health benefits. With health care reform taking full effect in 2014, HRAs and defined contribution health benefits are expected to become a mainstream employee benefit. HRAs provide an effective way for businesses to reduce their employee healthcare costs without reducing employee benefits. HRAs encourage consumer-driven healthcare, where employees see where they are spending their health dollars and can make better-informed healthcare decisions. This results in cost savings for the employee and employer.
Zane Benefits' flagship HRA 101 whitepaper has been updated with the most current small business health insurance data and new information on health reform and HRAs.
This whitepaper will be invaluable for not only small business owners, but non-profits, CEOs, CFOs, HR managers, insurance agents, and CPAs as well.
The newly updated 20-page whitepaper is available for free download at the zanebenefits.com website and covers the following topics:
- Why group health insurance is broken
- What is an HRA, and what are its advantages?
- How to implement an HRA for a small business
- The difference between HRAs, FSAs, and HSAs
- How to use HRA Administration Software to offer better health benefits
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 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 ZaneHRA, visit http://www.zanebenefits.com.