Park City, Utah (PRWEB) February 19, 2014
Today, Zane Benefits, the #1 Online Health Benefits Solution, published new information health insurance allotments.
According to Zane Benefits' website, small and mid-size businesses are using a "pure" defined contribution strategy to offer employees an allotment for health insurance, rather than offering employees a specific group health insurance plan. There is a right way and a wrong way to set up and administer health insurance allotments.
Zane Benefits’ website outlines four best practices (“do’s”) for small businesses setting up health insurance allotments, and three health insurance allotment "don'ts."
Health Insurance Allotment “Do’s”
1. Use a Formal Defined Contribution Health Plan
2. Set Affordable Allotment Amounts
3. Use Defined Contribution Software
4. Select an Insurance Broker to Help Employees
Health Insurance Allotment “Don’ts”
1. Don’t Allow Employees to Contribute to the Defined Contribution Health Plan
2. Don’t Self-Administer the Health Insurance Allotments
3. Don’t Forget to Educate Employees
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.