Park City, UT (PRWEB) April 19, 2014
Today, Zane Benefits, the #1 online health benefits solution, published new information on section 105 plan rules and regulations.
According to Zane Benefits’ website, a Section 105 plan allows an employer to reimburse an employee for medical and insurance expenses incurred by the employee or his or her dependents.
Zane Benefits’ website says 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.
For example, an employer might implement a Section 105 plan alongside a conventional employer-sponsored health insurance plan (to reimburse deductible amounts). This is also called an Integrated HRA.
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.