"A Health Reimbursement Account" Zane's Health Reimbursement Account software allows you to offer great health benefits in less than 5 minutes per month. -No Minimum Contributions: Define your own contribution strategy -No Minimum Participation: Set your own eligibility requirements -No Administrative Hassle: Spend less than 5 minutes per month -And more: Recruit & Retain employees with top features With Zane HRA, employers offer a defined contribution health plan in which they make available monthly contributions ("allowances") that employees choose how to spend. Employees can use their monthly "ZaneHRA Allowance" to reimburse their individual health insurance costs and eligible medical expenses 100% tax free. Features include online sign-up, IRS/HIPAA/ERISA compliant software platform, electronic plan documents, and integration with any payroll system. FEATURES Health insurance and medical expense reimbursement tax-free Tax Savings: Employers and employees do not pay taxes on the reimbursements. Happier Employees: Employees value health benefits at up to 2Xs taxable compensation. Healthier Employees: When employees buy health insurance, they tend to be healthier. Online claim submission and tracking for happy employees Fast Processing: Once submitted, claims are processed within 2 business days (typically in 1-2 hours). HIPAA-Privacy: All claims are kept HIPAA-protected and stored with receipts for employee convenience. Real-time Notifications: Employees receive email notifications at every step of the claims process. Online plan design & electronic plan documents for easy setup Electronic SPDs: All SPD (Summary Plan Documents) are electronic and online. No Plan Years: Employers can modify benefits at any time with electronic notification automatically sent to employees. Email Notifications: From enrollment to termination, Zane automatically distributes required notifications employees. Different benefits for different classes of employees. Providing different levels of benefits to classes of employees is at the core of benefits compensation and is routinely done by major corporations. Employers manage reimbursements via existing payroll system. Payroll Reimbursement: 99% of reimbursements are made via the employer's existing payroll service. No Pre-funding: Employers are never required to pre-fund contributions. Receipt Storage: Receipts are stored digitally as required by the IRS for audit purposes.