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Posts Tagged ‘businesses’

California businesses fight proposed bill that outlines healthcare fines
A bill sponsored by Assemblyman Jimmy Gomez, D-Los Angeles, would fine large employers if any of their non-disabled employees who work at least eight hours a week are enrolled in Medi-Cal, the state's health insurance program for the poor. Advocates of …
Read more on MedCity News

FWCS Cuts Workers Due to Health Care Bill
FORT WAYNE, Ind. ( – The Affordable Health Care Act is not that affordable for Fort Wayne Community Schools. FWCS officials say they are cutting the hours of 600 part-time teaching aides and cafeteria workers by five hours a week …
Read more on Indiana’s NewsCenter

Paul Ryan endorses immigration bill after conservative negotiator walks away
Rather than agree to detailed language on healthcare, the group decided instead to essentially punt the issue and hew to the contours of the Senate Gang of Eight legislation, which makes clear that undocumented immigrants in a provisional legal status …
Read more on The Hill

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(PRWEB) July 26, 2012

Zane Benefits, which provides comprehensive and flexible small business heath insurance alternatives, today published key health reform questions businesses should be able to answer.

U.S. businesses have traditionally paid premiums to insurance companies to cover workers with a single “defined benefit” group health insurance plan. However, due to changes in the individual market, most of these businesses will consider switching to a “defined contribution” health benefits program, where employers give workers a monthly allowance to purchase their own “individualized” coverage through a private or public health insurance exchange.

Health Reform Provides Massive Federal Subsidies for Individual Policies

Under the health law, individuals or families making as much as four times the U.S. poverty level — that’s approximately $ 90,000 for a family of four — are eligible for health insurance premium subsidies. In states that dont set up exchanges, a federally run national site will take over.

Public Health Insurance Exchanges are Being Developed Now for 2014

The development of the public health insurance exchanges for 2014 is under way. These public exchanges will provide new opportunities for health insurance companies and brokers to provide new, value-added services. Similarly, private health exchanges, which have been around for years, are adapting their services for employers and defined contribution.

Below are 5 key questions brokers, health plans and businesses should be prepared to discuss during the upcoming renewal periods.

1. Broker Role: How can insurers and brokers integrate and/or coordinate with federally run health insurance exchanges?

2. Public exchanges: What insurance options will be available in public health exchanges?

3. Defined contribution: How can employers, insurers and broker adopt defined-contribution platforms?

4. Employer Penalty: First, Does it apply? Then, based on the comparitive costs of “paying or playing”, should the employer provide qualified, affordable coverage or provide a defined contribution plan and pay the penalty?

5. Private exchanges: What role will private health exchanges play in 2013, 2014 and beyond?

About Zane Benefits, Inc.

Zane Benefits, Inc, a software company, helps insurance brokers, accountants, and employers take advantage of new defined contribution health benefits and private exchanges via its proprietary SaaS online health benefits software. Zane Benefits does not sell insurance. Using Zanes platform, insurance professionals and accountants offer their clients a defined contribution plan with multiple individual health insurance options via a private health exchange of their choice.

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John Arensmeyer, Founder & CEO of Small Business Majority discusses Small Business Health Care Tax Credits — eligibility, impact and federal implementation, economic advantages of offering health insurance by small businesses, impact on businesses with over 50 employees, economic benefits and history of exchanges that will increase choice and reduce health insurance premiums empowering states to tailor exchanges to their unique marketplaces, job creation, projected impact on federal budget and the mandate which eliminates “hidden tax” and is essential for efficient health care reform. Supported by data and analysis provided by Congressional Budget office, economists Jonathan Gruber, David M. Cutler and others. View complete interview at and additional reports at The site focuses on details of implemented health care delivery system reforms that improve care, lower costs and reduce health care spending. It promotes in-depth discussions of the law and expands on health care policy issues that are supported by studies, surveys and other collected data. If you are a news organization interested in using any of the reports on your programs, please submit your request through “Contact Us” link on

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Small Businesses' Uncertainty About Obamacare

There are new questions over the president’s healthcare law and its impact on small businesses after the president suggest his legislation isn’t hurting employers and workers. Fox Business News
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Madison, Wis. (PRWEB) June 13, 2012

According to a recent PNC Bank study, more than 60 percent of small business owners are currently projecting that their sales will increase over the next six months. Accordingly, a third of small business owners expect that because of increasing sales, they will hire at least one full-time employee over the next six months. BizFilings, a leader in online incorporation and a supporter of small businesses, wants small business owners to be fully prepared to embark on the hiring process and is offering tips to prepare a small business for hiring.

According to BizFilings, hiring an employee can impact the bottom line of a business, its important to make sure that a business is fully ready for hiring new employees. To assist entrepreneurs during this time of growth, BizFilings presents three important things small businesses should be aware of before hiring employees that will position them for a successful future.

Apply and obtain all necessary licenses, permits and insurance before hiring. Different small businesses require different paperwork, and theres no better time to get that squared away before bringing another person onboard. Additionally, some businesses will require employees to have licenses (often that are separate from the business itself). Insurance is also crucial for small businesses workers compensation insurance is mandatory for any small business, while disability insurance (which covers eligible employees for non-work-related sickness or injury) is required for small business in only certain states.

Be prepared for payroll taxes. When an employee is hired at a small business, various types of new tax obligations, as well as payroll tax deductions, arise. For example, federal and state taxes generally are withheld from employees wages, along with half of FICA taxes. Small business owners typically must pay the matching half of FICA taxes as well as federal and state unemployment taxes. Payroll taxes can become even more complex if there are different forms of employee compensation such as tips, expense reimbursements or retirement contributions. For more help with payroll taxes, refer to IRS Publication 15, the Employers Tax Guide, to understand tax obligations as an employer.

Consider incorporation to protect your business. According to BizFilings, there are many tax breaks that can come from incorporating a small business. Incorporation provides liability protection giving a layer of protection between employers personal assets and business debts. Hiring employees is an important next step for small businesses but incorporation is a crucial step to help mitigate risk for the next phase of a business.

Entrepreneurs are making this country better by providing an increasing number of jobs, and its no surprise that the second half of 2012 is projected to continue that trend, says Karen Kobelski, member of the executive leadership team at BizFilings. Its important for small business owners to make sure that theyre covered in case of the worst case scenario because by adding an employee youre not only growing your company but growing your level of risk as well.

For more information about small business hiring and the benefits of incorporation, visit the BizFilings Online Learning Center.

About BizFilings

BizFilings is a full-service, online incorporation service provider, offering small-business owners a fast, easy and economical way to form a corporation, limited liability company (LLC) or other business structure online or by phone. BizFilings also offers a full range of business filing and compliance products, including nationwide Registered Agent Service, helping keep businesses in compliance with state regulations. BizFilings can be found online at BizFilings is part of Wolters Kluwer Corporate Legal Services, the leader in legal process and business performance management. It delivers the people, products and processes to drive transparency, ensure accountability and provide organized, accurate and actionable information for legal, financial and insurance professionals. CLSs business brands CT Corporation, NRAI, BizFilings, Corsearch, CT Lien Solutions and TyMetrix empower organizations to make better business decisions and be more efficient in todays highly transparent business environment.

About Wolters Kluwer

Wolters Kluwer is a market-leading global information services company. Professionals in the areas of legal, business, tax, accounting, finance, audit, risk, compliance, and healthcare rely on Wolters Kluwers leading information-enabled tools and software solutions to manage their business efficiently, deliver results to their clients, and succeed in an ever more dynamic world.

Wolters Kluwer had 2011 annual revenues of 3.4 billion, employs approximately 19,000 people worldwide, and maintains operations across Europe, North America, Asia Pacific, and Latin America. Wolters Kluwer is headquartered in Alphen aan den Rijn, the Netherlands. Its shares are quoted on Euronext Amsterdam and are included in the AEX and Euronext 100 indices.

Visit our website, YouTube, follow @Wolters_Kluwer on Twitter, or look up Wolters Kluwer on Facebook for more for information about our customers, market positions, brands, and organization.

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(PRWEB) June 11, 2012

Zane Benefits, which provides businesses with comprehensive and flexible health insurance alternatives, today published information about the benefits of Premium Only Plans (POPs).

Section 125 Premium Only Plans are a great way for small businesses to save on taxes. Section 125 of the IRS code allows small businesses to make a simple change to the companys payroll process that reduces employees’ taxable payroll. Every employees’ premium contribution through a premium only plan (POP) can be deducted from the overall taxable payroll amount.

Here are eight (8) benefits small businesses and employees can expect with a Premium only Plan (POP) plan:

(1) Lower Employer Taxes – Every small business owner needs to take advantage of every tax break they can find. By using a premium only plan (POP), small businesses immediately lower taxes, which means more cash. A reduction in payroll taxes can be quite significant for a small business.

(2) Lower Administrative Costs – Many group plans feature high administrative costs. With a premium only plan (POP), health benefits costs drop to just $ 6-12 per employee per month.

(3) Easy to Set-up – Setting up a premium only plan (POP) is simple and small businesses can administer it online via the payroll system.

(4) Happier Employees – When employees make more money, they end up happier. By offering employees the ability to use a premium only plan (POP), a small business is automatically putting more money into employees’ pockets. Small Businesses can use this to attract and retain quality employees.

(5) Lower Employee Taxes – In addition to lowering the businesses taxes, employees will also save income taxes with a premium only plan (POP). When they become a member of a premium only plan (POP), they will see a reduction in FICA, federal and state taxes.

(6) Lower Insurance Costs – For employees who may have trouble making contributions towards their health plan, a premium only plan (POP) plan can allow them to save money on their health plan through the benefits of lower taxes. Even though the premium amounts may be the same as a regular plan, the tax savings that they will experience can help make up the difference.

(7) Better Coverage – Even though a premium only plan (POP) offers many dollar benefits, it does not skimp on the health benefits. Employees will enjoy full health coverage from a company that they can trust.

(8) More Take-Home Pay – One of the most popular benefits of a premium only plan (POP) is the ability for employees to take-home more pay each month.

Learn more about Section 125 Premium Only Plans.

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About Zane Benefits, Inc.

Zane Benefits, Inc, a software company, helps insurance brokers, accountants, and employers take advantage of new defined contribution health benefits and private exchanges via its proprietary SaaS online health benefits software. Zane Benefits does not sell insurance. Using Zanes platform, insurance professionals and accountants offer their clients a defined contribution plan with multiple individual health insurance options via a private health exchange of their choice. Learn more at

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Park City, UT (PRWEB) April 03, 2012

Today, Zane Benefits, Inc., a leader in Defined Contribution Health Plans and Private Health Exchanges, announced its new website, designed to educate employers, accountants, and health insurance professionals about the new federal regulations allowing simplified employer health benefits.

As group health insurance costs continue to rise, employers are looking for ways to offer health benefits at a lower price. Zane Benefits online defined contribution health plan allows an employer to name its price. Rather than paying the costs to provide a specific group health plan (a “defined benefit”), employers instead fix their costs by establishing a monthly dollar amount (a defined contribution) that employees choose how to spend.

The new highlights the companys online health benefits software that enables small businesses to implement and administer a defined contribution health plan in less than five minutes per month.

This week, the U.S. Supreme Court completed final arguments in United States Court of Appeals for the Eleventh Circuit Case 11-398 on the constitutionality of the Health Reform law scheduled to take effect in 2014. Regardless of which way the Court rules, it is clear that the new defined contribution method for small business health benefits will stand.

According to Rick Lindquist, President of Zane Benefits, It’s time to reshape the way we think about employee health benefits. Today, more than 3 million small businesses do not offer health benefits to their employees due to cost, participation, or administrative requirements. And, that number is expected to increase by 2014 regardless of health care reform.

According to the website, the two primary benefits of Zanes online program include:

1. No Minimum Contributions Requirements This allows a small business to define a contribution it can afford.

2. No Minimum Participation Requirements This allows a small business to set its own eligibility and/or participation requirements.

Using the Zane program, employers make available a tax-free monthly allowance that employees use to purchase their own individual policy directly from a carrier or independent licensed health insurance agent. Or, if an employer is not able to provide an allowance for certain employees, such employees may use a portion of their pre-tax salary to purchase a policy. This increases the employees after-tax purchasing power by 20 to 40 percent and also reduces the companys payroll liabilities.

Im particularly pleased we are announcing our new online education center on the same day that the entire nation is focused on health benefits, said Professor Paul Zane Pilzer, the Founder of Zane Benefits and the author of the book The New Health Insurance Solution.

Most people dont realize that small employers with less than 50 employees are exempt from the employer mandates in the Health Care Reform bill, Pilzer added. Small employers today benefit from the increased availability of affordable individual policies regardless of what the U.S. Supreme Court eventually rules on the bill.

About Zane Benefits, Inc.

Zane Benefits, Inc, a software company, helps insurance brokers, accountants, and employers take advantage of new defined contribution health benefits and private exchanges via its proprietary SaaS online health benefits software. Zane Benefits does not sell insurance. Using Zanes platform, insurance professionals and accountants offer their clients a defined contribution health plan with multiple individual health insurance options via a private health exchange of their choice. Learn more at

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NEW! The HP Slate 500 for Businesses

HP introduces a slate for businesses ( ). The new HP Slate 500 Tablet PC runs Windows 7 and supports a wide variety of business solutions, from retail point-of-sale to hospitality, insurance, healthcare, or any custom business application. For more information and to purchase, visit:

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Garden City, NY (PRWEB) February 09, 2012

The third meeting of the Saratoga Local Chapter of NAPW was convened by Danielle Knapp on January 23rd, 2012 at the Malta Diner. Attendees included Danielle Knapp, Knapp Insurance Agency; Jennifer Marten, Ballston Spa National; Susan Marlette, Amtech Insurance Brokers; Joanne Ford, New Day Care; Lori Goodrich, PuroFirst; Christina Lee, Advance Battery Services; Lynn Johnson, Long Pond Cabins; Joann Winchell, Stillwater Historical Society; and Larry Ruggles, Pats Heating & Cooling.

Danielle started by asking the group to introduce themselves and then everyone chatted with Joanne Ford regarding the new day care she plans on starting in Stillwater, NY. The group gave Joanne Ford several ideas such as using different vendors like Vista Print for printing lawn signs like the realtors put out. Members also jotted down friends, family, and prospective customers they know who might need future day care. Joanne plans to reach out to those individuals. The group also discussed the importance of referrals and providing something different from the competition. Jennifer suggested other champers and leads programs.

Danielle mentioned using the United States Postal Services Direct Mail Plan website. Also mentioned was preparing a budget and to sticking to it. Lastly, it was mentioned to have a strong business plan and follow it.

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