Park City, Utah (PRWEB) January 14, 2014
Today, Zane Benefits, the #1 Online Health Benefits Solution, published new information on Section 105 Plan Document requirements.
According to Zane Benefits’ website, the most common type of Section 105 Plan is a self-funded (or self-insured) health plan, where the employer self-funds (or self-insures) health benefits rather than pay premiums to an insurance company.
However, Section 105 Plans are also frequently found in the form of medical reimbursement plans such as Health Reimbursement Arrangements (HRAs) and Healthcare Reimbursement Plans (HRPs).
There are certain Section 105 Plan Document requirements to follow. For example, Section 105 Plans are subject to ERISA and therefore a legal Plan Document must be provided in writing. Zane Benefits website outlines these Section 105 Plan Document requirements in detail as a helpful tool to employers.
About Zane Benefits
Zane Benefits, the #1 Online Health Benefits Solution, was founded in 2006 to revolutionize the way employers provide employee health benefits in America. We empower employees to take control over their own healthcare, while helping employers recruit and retain the best talent. Our online solutions allow small and medium-sized businesses to successfully transition to a health benefits program that creates happier employees, reduces costs and frees up more time to serve their customers. For more information about ZaneHealth, visit http://www.zanebenefits.com.