Park City, UT (PRWEB) June 21, 2014
Today, Zane Benefits, the #1 Online Health Benefits Solution, published a primer on the benefits of premium reimbursement arrangements for employees.
According to Zane Benefits’ blog post, more and more, small and medium-sized businesses are canceling group health insurance and setting up formal Premium Reimbursement Programs to reimburse employees for individual health insurance premiums. This strategy saves the business 20% to 60% on healthcare costs, and is a health benefit that helps recruit and retain key employees.
Employees love the premium reimbursement strategy because it allows the employees to choose their own health insurance and it gives them access to Health Insurance Tax Credits. For example, employees can use their health insurance allowance to purchase policies from the new health insurance marketplaces. This gives employees access to federal health insurance tax credits to lower the cost of their premium.
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.