How small businesses can benefit from the exchange Healthcare?
Health insurance has become a hot topic in the political arena over the past few years that the affordable care Act, often called Obamacare, was signed into law. For many years, however, Medicare was also a key differentiator that companies could offer to employees to attract top talent.
How Benefits and affordable Personal
Now that you have spoken to your employees about what their advantages are the expectations, it's time to start looking at different ways to meet those expectations. While retirement and health benefits are some of the most common types of benefits that come to mind, a shockingly small number of companies are offering them. According to the Bureau of Labor Statistics and the 2015 results, only 53% of small businesses offer health benefits, much less the pension benefits of the offer!
Preparation for enrollment in individual health plan
is open the registration season, but for many small businesses that do not offer group health plans, it is time of year when people in your company are trying to understand how is in the best plan of individual health. If you plan to help your employees pay for their own individual health plans, here's a checklist to help get the best coverage.
Health Benefit Options for dental practices in 2016
For most of the directors of human resources, the beginning of a new way of year reassessing the health benefits of your organization. If you have not yet determined your best plan of action for 2016, there are several avenues to explore. Do not forget that most of these options have final registration dates to be considered.
How to pay the employer shared responsibility (ESR) inflation costs

If you are a big applicable employer (FTA), then you are already aware of Employer Shared Responsibility (ESR) costs, more commonly known under the term of the employer. What you may not be aware of is that the penalties for not offering coverage, or do not offer affordable coverage, are adjusted annually based on the percentage of premium adjustment. This blog will cover what percentage of premium adjustment is, and its impact on your cost of ESR, if you need to pay.
Health Individual Insurance Reimbursement - The cost of the employer, and how to do
The search for small benefits the company's health often begins with group health insurance quotes, review of different carriers, coverage levels and costs. But if you are in a state of shock sticker or a group policy is simply not a good fit, what are your options? Here is a savvy approach many small employers take: do not offer group health insurance coverage. Instead, offer a formal benefits program to reimburse employees for individual health insurance policies.
3 Things Making Benefits Small Business Health More Affordable
Since small companies evaluate how to provide benefits to affordable health that also meet the expectations of employee benefits, there are three key opportunities to understand and leverage :. 1) the affordability of individual products, 2) government subsidies, and 3) the ability to pay the insurance premiums
Effectiveness of defined benefit health costs Contribution
Compared to offer traditional coverage group health employers using a defined contribution solution save an average of 57 percent on comparable comprehensive health benefits. This is according to a new annual report Zane Benefits. In this article, we will examine the cost effectiveness of health services for defined contribution and highlight the main trends in costs and the use of the study
3 Questions Every NonProfit should ask before choosing Medicare
profit Small organizations non-face unique challenges in hiring and retaining employees. With limited resources, management teams must be strategic about how to allocate salaries and benefits dollars.
Regarding health benefits, cost control has become a major challenge. Since 1999, the national average cost to cover employees with group health insurance increased by 220 percent. This represents an average increase of nearly 14 percent per year (Kaiser Family Foundation, 2015).
Average Group Health Insurance Costs by State
As coverage options for small employers looking for health insurance, it is common to evaluate different strategies and costs. To help you, the list of tables on the following average group health insurance costs by state for individual and family protection.
Top 4 benefits of social challenges - and how to handle
As the landscape benefits changes, employers are faced with new challenges. A survey of recent employer Selling Benefits , the first four benefits of the problems in 2015 were as follows :. The increase in costs, the treatment of changes in benefits, in collaboration with brokers and dealing with the reform of health care
So how employers - particularly smaller employers - face these social challenges advantages? Keep reading. In this article, we will cover the first four benefits challenges and plan strategies to deal with these issues on a small business budget.
How reimbursement of health insurance work for trucking companies - Top 5 FAQ
As the owner of or growing a small trucking company, you want to provide the best benefits health to your employees and their families. Yet for many companies, traditional health insurance the employer has become too expensive or simply not responding to the unique needs of a mobile workforce and diversified. As such, trucking companies nationwide evaluate health insurance options, including repayment of benefits for individual health insurance
Education Benefits - What employees want
While businesses are struggling with how to manage rising health care costs, small companies are moving away from one-size health overall plan and adoption benefits more widely.
For example, businesses are increasingly using strategies such as wellness programs, health reimbursement arrangements, and benefit from the allocations to manage costs and allow employees a greater choice and customization benefits. Yet with change comes the importance of training employees.
How to explain a plan section 105 to your CEO
Each year, the CEO sit with their advantages staff administration to review the annual budget of the company. Projections are made for income, financing and spending. Too often, which includes health increases by 10 percent, 20 percent or more.
To get control over the budget of the company's health care, many administrative staff propose a switch of the group health insurance coverage to a Section 105 medical reimbursement plan. Section 105 plans are the basis for individual health insurance reimbursement.
Why the switch? Individual reimbursement of health insurance is a smart way to control costs while providing employees with a benefit for the valuable and appreciated health. Small businesses work hard for every penny the company brings. This approach allows healthcare dollars go further.
This brings us to where you are today. Your HR staff is ready to make the switch, but how do you explain a plan to the Chief of section 105? Here are eight quick topics to start the conversation.
Attract and retain employees with full benefits packages
A 2015 Glassdoor survey noted that 79% of employees prefer more advantages / benefits to a salary increase. Most small businesses lean towards a one-size-fits package of benefits. However, these benefit plans are not a favorite among
employees or business owners who want to meet the diverse needs of their workforce. This has increased the number of employees that promote the benefits widely. With benefits widely available, employees can choose benefits that complement their lifestyle and financial goals. Topping the list of must-have benefits include health insurance and reimbursement of retirement savings plans.
Is your HR department stressed employee retention?
When trying to fill a vacancy, it may seem impossible to find the person "right" in a box full CV reception. A recent study by ADP indicates that midsize enterprises are not only concerned about the recruitment of top talent, but keep - a challenge usually treated in an employee retention strategy. If you have this problem, you're certainly not alone.
The covered health insurance Experience Individual California
The state choosing California to pursue a role active in negotiating health insurance plans has led to good results for its citizens as individuals across the state have reported relatively smooth transitions of the health group coverage to individual plans in California covered.
Protests against rising health care costs
The cat is out of the bag. Employees across the United States are aware of the costs of health care far outweigh their income. But is this new news, or was the cat of the bag for a while? Because of rising health care costs, staff restaurant that took to the streets to protest against the provisions to make their health insurance more affordable demanding. This article summarizes the event, higher overall costs of health care throughout the nation, its effect on the public, and how small business may solve the problem.
7 Questions you need to answer before starting a business

duties. It is not something everyone like to do it, but when it comes to opening a small business, do your homework is essential. Why?
According to the SBA, 50% of small businesses fail within the first five years. Know your market, do your research, and having a solid business plan establishes long-term foundations for success.
Who needs performance review? You Do
The question: Who needs performance reviews? The answer is not complicated - it is you. And while conducting performance reviews may not be your favorite pastime, they are an ideal way for your small business to grow and move forward. As such, this article will help you understand why performance appraisals are important to your small business, how to prepare for them, and we will give you pointers to give feedback.
How small businesses can become an "employer of choice" Coveted
Editor Note: This article was updated with the latest information from 2014. This post was originally published 07/10/2013.
Being an "Employer of Choice" (EOC) means that candidates are willing to work for your small business, as people turn to your employees, you receive unsolicited resumes, and your most talented employees stay with your company throughout their careers. It is a coveted status. He points to brand your company is top quality. And when your company brand is high, it is far less expensive to recruit and retain key employees.
A day in the life of a small business owner: A One Man Show
Zane Benefits is committed to helping small business owners across the United States in finding new ways to help you run your business more smoothly.
Because we know how shared knowledge and advice between small business owners is, we decided to go in the community to bring you true stories of local business owners. In this small business owner an interview, I talk to Caleb Smith, Zane Benefits and small business owner, share challenges, joys, and advice to owning a small business.
7 Benefits Your Dental Practice Needs - Zane Benefits Blog Feature
The benefits can be exciting and beneficial to your practice . If you recently opened your own practice , the benefits you offer employees can make a good impression and have positive and lasting effects.
Deciphering Section 105 Plans - What plan is the Best Fit
Section 105 plans are a tool used by employers to reimburse employees for medical expenses and health insurance. There are a few different ways Section 105 plans are used . Thus, Article 105 which plan is the best solution for a small business? Let's break it down.
11700000 Registered in Obamacare Health Plans This Open Enrollment
2015 With Obamacare open enrollment to its end, how many enrolled in health coverage and how much it costs?
In 2015 Obamacare open enrollment, nearly 11.7 million consumers nationwide are enrolled in coverage to market Medicare - open up nearly 3.7 million from 2014 registration period. And the subsidized plan individual health costs on average $ 101 / month.
What Goes Up Must Come Down: Why Healthcare spending may finally be on the decline
soon the early 190s, Americans began gradually to pay more for health care, and costs have continued to rise over the past three decades.
as a country, we were forced to pay more for our health, and vice versa, have received much less. And it is that people who qualify for health insurance. From 190 to 2012, the rate of of insured persons in the US fell from 86.6 to 84.6 percent. We had the rate remained solid, six million people would have coverage for health care in 2012.
Despite this constant trend, care spending problems health America is finally on the rise. Set out below is the growing evidence that points to our country in a new era of more while paying less.
Summary of Tax Forms New Obamacare
There are several new forms of taxation Obamacare including Form 1095-A, 8962 form, the form 8941, and 1095-C form. If you dizzy, do not worry. In this article, we will provide a short summary of the new Obamacare tax forms every small business and individuals need to know to make tax time this year a little easier.
Can you manage compliance and keep employees happy? How Does It dentist
Sunday, March 29 is National Mom and Pop Business Day the owners. Zane Benefits will mark the occasion by recognizing our valued customers, as Dr. Kenneth Armstrong DDS, owner of a successful dental practice in New Mexico
His story presented some interesting questions :. How does a small business function while dealing with compliance aspects of the Affordable Care Act?
FAQ - Individual Health Insurance Can employers reimburse employees in 2015
Small employers want to offer the health benefits to recruit and retain the best employees, but there is a problem. traditional insurance group health is too expensive. Consequently, only 54% of small businesses offer traditional health insurance today.
under Obamacare , small employers with fewer than 50 employees are not required to offer health insurance, but most want. Also, there are new benefits for individual health insurance, such as premium tax credits and warranty coverage-show.
All these factors leave many small business owners who ask "Can I pay for individual health insurance?
5 Small Business Payroll Hacks - Zane Benefits Feature
As a small growing company, of payroll is a basic human resources of function. And yet it can feel like a daunting task. Many small businesses wonder, "Am I doing payroll correctly, and the most effective way?" "Am I taking taxes on fair wages?" "Is that employees paid on time? "
last week, I wrote an article on HR.com presented on how small businesses can adopt . simple "life hacks" to the more efficient and accurate payroll highlights recent feature Zane benefits HR.com
Quick Guide: List of MAGI deductions and adjustments
Modified Adjusted Gross Income (MAGI of) is a important calculation to determine whether you are eligible for a number of tax credits , benefits and exclusions -. making it ever important for tax purposes
However, many individuals and small business owners are not very clear on what can be deducted in the calculation of their MAGI. So in order to dispel confusion and to help you calculate your MAGI, here is a comprehensive list of various MAGI adjustments and deductions.
Pay for employee health insurance premiums with a plan
If your small business has an aging workforce, you've probably wondered how you can help with employee health insurance premiums, such as help with other health workers.
The answer is with Article 105 Shot reimbursement of medical expenses.
In this article, we will discuss how to use a map of the section 105 to reimburse employees for Medicare health insurance premiums.
Quiz - What kind of health benefits that best suits your business
If you are a small business owner, you may think providing health benefits to your employees, if you do not already. But how do you know if it is something that will work for you? Is it financially feasible? If so, what are the options? And how are you watch it?
Now you can take a simple quiz question 6 to determine, if any, health benefits options are most appropriate for your small business. After completing the quiz, read additional resources based on your results
ObamaCare market health plans Satisfaction - People talked
There are nearly five years, first nation has learned about ObamaCare and how it would affect the way we think about health insurance. And market ObamaCare health plans are now in their second year of implementation. As such, nowadays, the term "ObamaCare" is a term widely used and often heard.
But you still do not hear is whether people, as a whole, are satisfied with ObamaCare market health plans. various people Sure, you've heard declare their opinion, but does America love or hate their individual health insurance plans compared to health insurance through an employer? The answer may not be what you think.
What brokers should know about Premium Tax Credits
The individual insurance market disease is growing at a significant rate. To adapt to the changing market, health insurance brokers are dusting off their individual product lines once ignored the demand service. One of the factors influencing the growth of individual health insurance market is the availability of credits and grants .
Are you comfortable Obamacare tax answering customers' questions about tax premium credits? To help you, here are four questions and answers, all brokers should know about the tax credits of the premium.
Independent workers need health insurance Too - How to get your own benefits
The how people make life changes. In part because of a stagnant economy is slow recovery, and partly because the employment expectations are changing, especially among the millennial generation. No longer are all 9-5 workers to a single employer. Many people work on a contract basis, they work part-time or temporary placement for staffing agencies.
Industry News - Exit Assurant Health health insurance market
Great company Assurant is resigning insurance on health insurance market due to lower revenues. The health insurance division of the company, Assurant Health, is for sale. Whether a buyer is found, Assurant intends to leave the company health insurance in 2016.
health reimbursement arrangements - How does an HRA
Health Reimbursement Arrangements, also called health reimbursement accounts or CRH, is a type of health plan used by employers to reimburse employees for medical expenses. CRH are both similar and different to other popular medical reimbursement plans such as health savings accounts (HSA) and flexible spending accounts (FSA). In this article, we'll cover what a HRA is and how an HRA works.
Assessment If it is time to offer health benefits
When you start a new business and hire your first employees, health benefits are not top of your list. As your small business raises its roots and begins to grow, however, there comes a time when the health benefits become a consideration. So where is the tipping point when it makes sense to offer health benefits?
Employees need help with Medicare? - What can we do
Employees need help in their insurance costs health, and your small business wants to contribute. What can you do? It's pretty simple. Help them with the cost. How? There are options available taxable tax free.
Here are five quick resources to point you in the right direction.
5 Easy Ideas for employee retention start today

Most dental offices, even small ones, have a strategy for recruiting and hiring employees. But once a team member is hired, how do you keep them on board? An employee retention program can help
Top Business Challenges for dentists
Like other small employers, small dental offices are not immune to the challenges common affairs.
Last week, we wrote an article featured on DentistryIQ discuss the business challenges faced by top dentists, and how to face front.
Infographic - Understanding Compliance ZaneHealth
A common question we receive from employers , health insurance advisors and accounting professionals is "How do ZaneHealth comply with various federal regulations and reforms?" In other words, legal ZaneHealth?
Premium Reimbursement - What medical expenses are covered
a premium repayment plan is a way for employers to help employees in their health insurance costs. So what about other types of medical expenses such as deductibles, prescriptions and dental care? Employees can use their premium payment plan for other medical expenses not covered by insurance?
Read on for what types of medical expenses of a premium payment plan can be used for.
tax treatment of costs for reimbursement of medical employees
Employee Reimbursement of medical expenses is a common practice, especially among small employers looking more solutions affordable health insurance . There are several ways to go about the employee reimbursement of medical expenses, so what is the tax treatment? Here is a look at the tax treatment of different scenarios repayment
How micro and small enterprises dominate the economy
Did you know 52 percent of all US workers employed by micro and small business? While large well-known companies are much more likely to steal the headlines, micro and small businesses in America are a driving force of the economy.
Assisters Marketplace, Broker Opportunity, and the growth of non-Policy Group Sales
For many brokers and agents 'insurance, market "browsers" and "assisters" may as well be four letter words. And rightly so. The newly created assisters browsers and were given a clear role in the markets, while brokers and experienced staff had to liquidate a difficult maze just to register, become certified and receive commissions with the markets. The markets did not make it easy for brokers.
Health Law Revision cease Market Expansion small group
Recently, Congress passed a bipartisan change affordable Care definition of a small employer law, sending the measure on the desk of President Obama. If signed into law, the federal requirement to expand the market for small groups to medium-sized businesses in 2016 would be arrested. Let's look at what the bill is and what it means for small and medium employers.
Switching to the individual health insurance financed by employer - 5 Ways That saves money
regarding the offer health benefits, there are some different contribution strategies a company can take. In other words, there are different ways to structure and pay for the plan.
To achieve lower financial risk and control costs, many small businesses choose to move employees to the individual health insurance and offer health benefits for employees with a defined contribution strategy - where the company repays the premiums instead of paying for them. This strategy is also known as individual health insurance funded by the employer.
So how this approach creates efficiencies and reduce financial risks? There are five ways. Let's take a look.
individual health insurance is a viable option for health benefits for small businesses?
It has been over five years since the Affordable Care Act was signed into law, and while the subject has calmed somewhat in the general public, it remains as hot-button than ever for small business owners.
traditional group health insurance and small business health options (SHOP) program often do not correspond exactly to the needs of small businesses with fewer than 25 employees, so companies are taking innovative measures. They look to individual health insurance for health benefits for small businesses.
Three tips to the best benefits of small healthcare companies in 2016
With over 28 million small businesses in the States STATES only health insurance becomes essential to attract and retain talent. The ACA requires that every small business with more than 50 employees offer some type of health insurance coverage, but many companies with fewer employees hope to attract top talent by offering insurance too.
Understanding Small Business Requirements Obamacare in 2016
The Affordable Care Act, otherwise known as Obamacare, has been many companies owners scrambling to understand how it affects the organization and their ability to provide health insurance for employees. As small businesses try to keep talent within the organization and to compete with large companies that offer health insurance, it is essential that everyone understands exactly what Obamacare means for small businesses.
Current legislation With regard to small healthcare companies premium reimbursement
Employee retention may -being one of the biggest challenges many businesses face today, and often keeping your best employees is more than just pay them well. Many people are also looking to their employers for coverage of affordable health care, but for small business owners the cost to offer group health insurance can be crippling. Rather than risk losing employees to competitors that offer benefits, many companies allow employees to go out and shop for individual insurance plans and provide reimbursement to help cover monthly premiums and other costs related to health care.
The advantages of the use of modern individual health insurance for health benefits
small leaders companies are very aware of the reasons why the employer provided health insurance is such a desirable benefit to their current and prospective employees. The challenge is to determine a cost effective way to deliver it.
Navigating tax health benefits in 2016
So you want to start offering health benefits, where do you start? For most employers, two key factors are the cost and quality of services.
FAQ - How much does the individual health insurance t
A common misconception about individual health insurance is that it costs more ( "Group") insurance through the employer. When in fact, on average, individual health insurance costs up to 60 percent less than comparable coverage on the group market. How much of individual health insurance? Let's take a look.
Study Reveals Avvo small business owners See Basic Legal Aid as a luxury "Big Business"

A study on the website legal advice Avvo reveals that many small and medium size enterprise (SME) owners consider lawyers a luxury for large established companies. The study, conducted in April 2015, indicated that SMEs perceive lawyers as costly, time, and relevant when things go wrong, which often prevents them from obtaining preventive legal advice to protect their businesses.
10 truths about the tax credits health insurance premiums
tax credit of the share premium health insurance can make individual health insurance more affordable for many Americans. Yet as a small business owner or manager, it is common to have questions about how tax credits and how they relate to your business, your family and your employees.
To help, this article covers ten concise facts about the tax credits of the health insurance premium