Disruptor and Entrepreneur Rick Lindquist Advises Employers to Cancel Group Health Insurance - Businesses Encouraged to Give Employees Money to Buy Own Policies

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Zane Benefits CEO advises employers to cancel group health insurance.

Zane Benefits CEO and co-author of “The End of Employer-Provided Health Insurance” Rick Lindquist, has one piece of advice for small businesses: cancel your employer-provided health insurance.

According to Lindquist, “employer-provided health insurance is the greatest challenge facing U.S. employers, small and large, when it comes to recruiting and retaining top-quality employees."

"Due to the significant cost advantage for business owners and their employees in the individual market, we predict 60 percent of businesses will eliminate traditional employer-provided health insurance in favor of defined contribution healthcare and individual health plans over the next three years.”

New defined contribution healthcare solutions allow employers to reimburse employees for individual health insurance costs in lieu of offering traditional employer-provided health insurance. According to Lindquist, “defined contribution solutions save businesses and their employees 20 to 60 percent on health insurance costs annually.”

For more information visit: ZaneBenefits.com/Book

EDITORS NOTE: Rick Lindquist is available for questions from the media through Zane Benefits. Contact Leah Bergersen at 435-659-2921 or leah(dot)bergersen(at)zanebenefits(dot)com

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About the Authors:

Paul Zane Pilzer is The New York Times best-selling author of 11 books, a former professor at NYU, and has served as an economist in two White House administrations. He is also the founder of six companies including the two largest U.S. suppliers of personalized employee health benefits, Extend Health (1999) and Zane Benefits (2006).

Rick Lindquist is CEO and President of Zane Benefits, Inc., the U.S. leader in individual health insurance reimbursement for small businesses. Zane Benefits’ software has been featured on the front page of The Wall Street Journal, USA Today, and The New York Times. He is a regular contributor to leading health benefits publications, including ClarifyingHealth.com.

About the Book:

The #1 Amazon best-selling The End of Employer-Provided Health Insurance is a comprehensive guide to utilizing new individual health plans to save 20 to 60 percent on health insurance. Over the next 10 years, 100 million Americans will move from employer-provided to individually purchased health insurance. Written by a world-renowned economist and New York Times best-selling author, this insightful guide explains how individual health insurance offers more to employees than employer-provided plans.

The End of Employer-Provided Health Insurance: Why It’s Good for You, Your Family, and Your Company (Wiley, 2014, ISBN: 978-1-119-01211-5, $25.00) is available at bookstores nationwide, from major online booksellers, and direct from the publisher by calling 800-225-5945. In Canada, call 800-567-4797. For more information, please visit the book’s page on http://www.wiley.com.

About Zane Benefits:

Zane Benefits is the leader in individual health insurance reimbursement for small businesses. Since 2006, Zane Benefits has been on a mission to bring the benefits of individual health insurance to business owners and their employees.

Zane Benefits' software helps businesses reimburse employees for individual health insurance plans for annual savings of 20 to 60 percent compared with traditional employer-provided health insurance. Today, over 20,000 customers use Zane Benefits' software, services, and support to reimburse individual health insurance plans purchased independent of employment. For more information visit http://www.zanebenefits.com.

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Leah Bergersen
Zane Benefits
+1 (435) 659-2921
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