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SOURCE: Zane Benefits
IRS Notice 2002-45 Provides Rules and Guidance for Health Reimbursement Arrangements (HRAs)
Park City, Utah (PRWEB) March 14, 2013
Today, Zane Benefits, Inc. published new information on Health Reimbursement Arrangements. Zane Benefits, which provides comprehensive and flexible alternatives to traditional employer sponsored health benefits, is the leader in defined contribution and health reimbursement arrangements.
According to Zane Benefits’ website, IRS Notice 2002-45, which was written in 2002, provides rules and guidance for Health Reimbursement Arrangements (HRAs). The notice is divided into eight parts:
Part I: Tax Treatment of Health Reimbursement Arrangements
According to Zane Benefits’ website, part one of the notice provides a simple, straightforward explanation of Health Reimbursement Arrangements (HRAs). In summary, an HRA is an arrangement that:
Part 2: Benefits under a Health Reimbursement Arrangement
According to Zane Benefits’ website, section two outlines rules for reimbursement under an HRA. In summary:
Part 3: Coverage under a Health Reimbursement Arrangement
According to Zane Benefits’ website, section three outlines coverage and eligibility under an HRA. In summary:
About Zane Benefits
Zane Benefits was founded in 2006 to provide a revolutionized SaaS (Software-as-a-Service) administration platform ("ZaneHRA") for Health Reimbursement Arrangements (HRAs) and defined contribution health care. The flagship software provides a 100% paperless administration experience to employers and insurance professionals that want to offer better health benefits without a traditional group health insurance plan at lower costs. For more information about ZaneHRA, visit http://www.zanebenefits.com.
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