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Health Insurance Renewal Time Brings Unexpected Surprises for Small Businesses
Park City, Utah (PRWEB) February 22, 2014
Today, Zane Benefits, the #1 Online Health Benefits Solution, published new information on the biggest health insurance renewal problems.
According to Zane Benefits website, health insurance renewal time can bring unexpected surprises for small businesses. This is especially true in 2014 with new changes brought on by health reform. But one silver lining is that small businesses (with fewer than 50 employees) are not subject to the ACA's employer mandate. Because of this, small businesses have more options for offering affordable health insurance.
According to Zane Benefits website, the most popular small business health insurance "alternative" is pure defined contribution healthcare. With defined contribution, small businesses offer employees an allowance for health insurance instead of offering a traditional group health insurance plan.
Zane Benefits website examines the three biggest group health insurance renewal problems small businesses face, and how these problems can be permanently solved with a defined contribution approach.
Problem #1: Annual Premium Increases Create Unpredictable Budgets Year to Year
Problem #2: The Small Group Plan Doesnt Meet New ACA Standards
Problem #3: Renewals Take Time and Resources.. That Small Businesses Dont Have
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.
For the original version on PRWeb visit: http://www.prweb.com/releases/2014/02/prweb11608475.htm
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