Today, Zane Benefits, the #1 Online Health Benefits Solution, published new information on how list billing works with Section 105 Plans.
According to Zane Benefits’ website, many Section 105 Healthcare Reimbursement Plan (HRP) providers do not allow the use of List-Bill arrangements with HRPs because List-Billing creates potential HIPAA/ERISA violations for the employer.
Some insurance companies allow employers to set up List-Billing for their employees. List-Billing is a process that allows an employer to facilitate employees' purchase of individual health insurance policies via post-tax payroll deduction. Under a List-Bill arrangement, a health insurance carrier sends an employer a single bill for each employee's personal health insurance policy.
According to Zane Benefits’ website, employers should use an HRP without List-Billing to offer tax-free reimbursement of individual health insurance premiums.
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.