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GLENVIEW, IL – May 12, 2010 – SurePayroll, the online alternative, today announced that it has partnered with ZANE Benefits to offer small business employers affordable health savings programs that save their employees up to 50 percent on health care costs.
By now allowing employees with individual plans to pay for health costs on a pre-tax basis through premium only plans (POPs) and to cover other medical expenses through health reimbursement accounts (HRAs), the programs provide employers a way to offer health savings without offering group-sponsored health insurance.
Employees save roughly 20 percent to 50 percent, and employers can expect the program to pay for itself within one year by reducing FICA matching taxes by 7.5 percent on average. Customers can administer all programs online, making SurePayroll an even more convenient one-stop shop for small business owners nationwide.
SurePayroll's Vice President of Product Management Steve Kania is proud to offer small businesses viable options for health savings programs for every stage of their business growth.
“Not every small business owner can afford to offer a group health insurance plan, or even contribute to a health savings program, but most want to help their employees,” says Kania. “That's the appeal of this offering – small business owners can provide a program that will save their employees real money, but may not cost them a cent in the end. We've expanded our offerings to serve virtually every small business owner looking to help his employees cut their health care costs.”
SurePayroll offers zero-contribution options where employees pay for health care costs on a pre-tax basis, as well as health care assistance options where employers contribute to each employee's health savings plan on a monthly basis. Additionally, SurePayroll offers group and individual health insurance plans through a variety of top-rated carriers.
ZANE Benefits founder Professor Paul Zane Pilzer acknowledges the breadth of health care choices SurePayroll offers its customers.
“In the new landscape of the American health care system, SurePayroll ZaneHRA and ZanePOP offer business owners revolutionary vehicles to give employees affordable health insurance."
In keeping with SurePayroll's history of providing convenient, hassle-free solutions for small business, SurePayroll manages all insurance deductions, paperwork and reimbursements directly. Insurance consultants are on hand to help business owners understand which plan is right for them.
To learn more about SurePayroll's new health savings programs, please call 866.336.2990.
About SurePayroll
The online alternative, SurePayroll is dedicated to providing a simple, convenient and accurate online payroll service at a price small business owners can afford. Tens of thousands of customers rely on SurePayroll to process payroll on demand in as few as two minutes. In addition, SurePayroll offers efficient online solutions for managing 401(k) plans, health insurance, workers' compensation, employee screening and more. For accountants and banking partners, SurePayroll provides private-label and co-branded services that enable them to offer payroll processing to their small business clients. Every month the company releases the SurePayroll Small Business Scorecard, which aggregates hiring and compensation data from more than 30,000 small businesses regionally and nationwide, and includes overall optimism levels among small business owners. Founded in 2000, SurePayroll has received numerous prestigious awards for its innovative technology and outstanding customer service, including recognition from PC Magazine, Inc. 500, Accounting Today, the American Business Awards and many others. For more information, please visit http://www.SurePayroll.com.