According to Zane Benefits' website, the bottom line is that the cost and time required to manage traditional health benefits is a major barrier for startups and many see health benefits as out of reach.
A defined contribution health plan allows a startup to name its price for health benefits. Rather than paying the costs to provide a specific small business health plan (a "defined benefit"), employers instead fix their costs by establishing a monthly dollar amount (a "defined contribution") that employees may spend on individual health insurance.
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.
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