Infographic Helps Brokers and Business Owners Understand the Future of Small Business Health Insurance
Zane Benefits, which provides small businesses with simple and friendly healthcare solutions, announced today the publication an original infographic "The End of Small Business Health Insurance."
The new infographic is based on Zane Benefits' Whitepaper, and depicts why 60% of small businesses are expected to abandon group health insurance in favor of individual health insurance and Defined Contribution by 2017.
As the infographic outlines, the primary reason for the shift is that the cost of traditional group health insurance is unsustainable. And, there are new advantages to individual health insurance such as choice, portability, guaranteed-issue, and lower costs.
As small businesses shift employees to the Individual Market, they are not dropping health benefits altogether. Instead, they are reimbursing employees for individual health insurance with a Defined Contribution Health Plan.
According to Zane Benefits, this model of Defined Contribution saves small businesses 20% to 60% on healthcare costs.
The free infographic is available at the zanebenefits.com website (no download required) and provides a look the following topics:
A brief history of small business health insurance
4 reasons individual health insurance is better
How small businesses can reimburse for individual health insurance
- Why there is no longer a need for traditional group health insurance
If you find the infographic helpful, please share it with friends, employees, or colleagues. You can embed the infographic on your website or download the PDF from SlideShare.
About Zane Benefits, Inc.
Zane Benefits, Inc., a software company, helps employers, insurance brokers, and accountants take advantage of new defined contribution health benefits via its proprietary SaaS defined contribution software ("ZaneHealth"). Zane Benefits does not sell insurance. Using Zane’s platform, insurance professionals and accountants offer their clients a custom defined contribution plan. Learn more at www.zanebenefits.com.