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What is an HRA?

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PeopleKeep

For many years, organizations had only one option: a traditional group health insurance plan. But these plans don’t work for everyone. They’re expensive, rigid, and have high participation requirements.

By offering a health reimbursement arrangement, or HRA, employers can offer a costcontrolled health benefit that’s more inclusive and tailored to their employees than the onesizefitsall approach a group health plan provides.

Check out our resources on HRAs: https://www.peoplekeep.com/healthrei...

CHAPTERS:
0:00 Introduction
0:42 What is an HRA?
0:58 How does an HRA work?
1:30 What are the different types of HRAs?
2:30 What are the benefits of HRAs?
3:38 How PeopleKeep can help
4:01 Conclusion

While there are many benefits to offering HRAs to your employees, here are some of the most significant:
HRAs are accessible to all employers and budgets.
HRAs empower employees.
HRAs offer tax advantages.
HRAs promote retention and employee satisfaction.
There’s no wasted spending with an HRA.

If you're an employer looking to provide employee benefits through HRAs, PeopleKeep can help! Our personalized benefits administration platform makes managing your benefits easy.

Get our guide to the QSEHRA: https://www.peoplekeep.com/offers/the...

Get our guide to the ICHRA: https://www.peoplekeep.com/offers/off...

Since starting in 2006 as Zane Benefits, we've helped thousands of organizations offer affordable benefits to their employees.

#healthinsurance #healthcare #healthbenefits #employeebenefits #smallbusiness #smallbusinesstips

posted by Smiraldi4y