Zane Benefits Publishes New Information on the Pros and Cons of Defined Contribution

The Number One Advantage for Small Businesses is Controllable Costs

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Park City, Utah (PRWEB) January 16, 2014

Today, Zane Benefits, the #1 Online Health Benefits Solution, published new information on the Pros and Cons of Defined Contribution.

According to Zane Benefits’ website, small business all over the US are evaluating how to offer employees health insurance coverage, and considering alternative solutions such as "pure" defined contribution. With "pure" defined contribution healthcare, the employer offers employees a healthcare allowance to use on their choice of individual health insurance, instead of offering group health insurance.

Zane Benefits outlines some of the pros and cons for businesses taking this approach to healthcare.

Pros for Small Businesses: The four main pros of defined contribution for small businesses are: controllable costs, more time, tax savings, and employee recruiting and retention.

Pros for Employees: The three main pros of defined contribution healthcare for employees are: cost savings, choice of plans, and plan portability.

Cons for Small Businesses: The two main perceived cons for small businesses are a change in how benefits are administered and limited tax benefits for some owners.

Cons for Employees: The two main perceived cons for small businesses are that employees pay directly for their policy and are then reimbursed and that change of any kind is hard.

Click here to read the full article.

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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.


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