Park City, Utah (PRWEB) February 21, 2014
Today, Zane Benefits, the #1 Online Health Benefits Solution, published new information on defined contribution solutions for brokers.
According to Zane Benefits' website, changes to the U.S. health insurance market are turning small and medium sized client’s attention to the amount they spend on healthcare, and introducing them to new affordable options for health insurance. As part of this, small and medium groups are dropping group health insurance. Yet it doesn't mean brokers and agents have to lose their business.
According to Zane Benefits' website, there are practical ways offering a defined contribution solution will help brokers retain and grow small and medium group business amidst the changing health insurance landscape.
First, defined contribution is a client retention tool for small and medium groups who are dropping group health insurance. According to Zane Benefits' website, after payroll group health insurance premiums are the most significant cost to an employer. From 1999 to 2013 the cost of single group coverage increased 168%, and family coverage increased 182%. These clients want to offer health benefits, but need a more affordable solution. Defined contribution solutions help solve this challenge and help brokers retain clients.
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.