SurePayroll Offers Small Business Employers New Health Savings Programs That ...
GLENVIEW, Ill., May 12, 2010 (BUSINESS WIRE) -- SurePayroll, the online alternative to ADP(R) and Paychex(R), 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.