PeopleKeep

OCTOBER 23, 2023

Since their inception, health reimbursement arrangements (HRAs) have helped business owners across the U.S. offer affordable and customizable health benefits to their employees. One of the main perks of HRAs—including the qualified small employer HRA (QSEHRA)—is their tax advantages.

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PeopleKeep

DECEMBER 11, 2023

Starting in 2024, Indiana employers will have a new tax credit available if they decide to offer their employees a health reimbursement arrangement (HRA) instead of group health insurance. This will allow small businesses and nonprofits to offer affordable and personalized health benefits in The Hoosier State.

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PeopleKeep

APRIL 27, 2022

Health reimbursement arrangements (HRA) have gained traction with employers across the country because they’re flexible, easy to implement, and customizable. But the key to any successful HRA lies in its administration, including compliance, management, and privacy rules. New to HRAs?

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PeopleKeep

APRIL 17, 2024

Whether you’re an individual searching for a health plan for yourself or your family, or an employer looking for a group health insurance policy for your staff, there are many types of health plans to choose from. Most people have a basic understanding of how health insurance works.

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PeopleKeep

JANUARY 12, 2022

As an employer considering a health benefit, you may be deciding between traditional group health insurance and a healthcare reimbursement plan, like a health reimbursement arrangement (HRA). Trying to decide which HRA is best for you? How do you know which is the best fit for your company?

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PeopleKeep

MARCH 27, 2024

One initial aspect of the ACA required all Americans to obtain health insurance that provided minimum essential coverage (MEC) through their employer or on an individual basis or pay a federal tax penalty. The federal government has since repealed the health coverage requirement and penalty known as the individual mandate.

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PeopleKeep

MARCH 7, 2022

A traditional group health plan can be difficult to manage with rising healthcare costs. If you’re offering a group health plan with a high deductible to save money, a special type of health reimbursement arrangement (HRA) has been specifically designed for employers like you: the integrated HRA.

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PeopleKeep

MARCH 25, 2024

Many employers are moving away from traditional group health insurance by offering more affordable and flexible health benefits like health reimbursement arrangements (HRA) or health stipends.

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InterWest Insurance Services

MARCH 4, 2022

As rising health insurance premiums and out-of-pocket costs for health care are burdening workers, more employers are looking for ways to help their staff put aside money for those expenses. While health savings accounts have grown in popularity, you can only offer them to employees who are enrolled in high-deductible health plans.

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PeopleKeep

APRIL 20, 2022

As a health insurance broker or agent, growing your book of business is a priority. While standard methods like upselling, networking, and advertising are the traditional path to a solid book of business, staying up to date on popular health benefits is also key.

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PeopleKeep

JUNE 24, 2021

One of the most valuable features of a health reimbursement arrangement (HRA) is its ability to reimburse employees for individual health insurance policies tax-free.

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PeopleKeep

APRIL 26, 2021

When employers first set up a health reimbursement arrangement (HRA), they often wonder if there’s a required timeframe for reimbursing their employees’ health expenses. Likewise, employees want to know how long they have before they need to submit their health expenses for approval.

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PeopleKeep

AUGUST 20, 2021

The first time a small or medium-sized business (SMB) is able to offer their employees health benefits is an exciting milestone. Offering a quality health benefit is an excellent tool for both employee retention and recruiting that sets your organization apart from those struggling to offer health benefits amid the COVID-19 pandemic.

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PeopleKeep

JULY 1, 2021

Health reimbursement arrangements (HRAs) are a great health benefit that allow you to get tax-free reimbursements on individual health insurance premiums and qualifying medical expenses. The best part is, you’re not the only one who can benefit from your HRA—many of your family members can, too.

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PeopleKeep

JULY 8, 2022

Despite the decrease in health services accessed in 2020 due to the COVID-19 pandemic, national health expenditures are expected to reach $6.8 With no end in sight to rising health insurance costs, it’s important to understand what exactly causes these spikes in the first place. trillion by 2030 2.

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Higginbotham

JANUARY 12, 2024

Out-of-pocket health care costs can become a burden for employees. Special accounts designed to cover health care costs can help both workers and employers manage their expenses. What are health accounts? While employers are not required to offer HSAs, FSAs or HRAs, many choose to do so.

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PeopleKeep

MARCH 4, 2022

When researching cost-effective health benefit solutions for your organization, you’ve probably come across health reimbursement arrangements (HRAs) and high deductible health plans (HDHPs). In this article, we’ll define HDHPs and HRAs and explain if an HDHP is needed to implement an HRA for your company.

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PeopleKeep

AUGUST 21, 2023

Health insurance coverage is a great perk that all types of business owners should strive to provide to their teams. But sole proprietors who want to participate in their own health benefit may be unable to take advantage of every health plan.

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PeopleKeep

JULY 9, 2021

Given the rising cost of employer-sponsored group health insurance plans, more and more employers, particularly small and medium size businesses, are looking to health reimbursement arrangements (HRAs) as a more affordable health benefits solution.

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PeopleKeep

APRIL 11, 2022

Given the rising cost of employer-sponsored group health insurance plans, more employers look to health reimbursement arrangements (HRAs) and health stipends as affordable health benefits solutions. After making their purchases, employees submit their expenses to their employer for reimbursement.

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PeopleKeep

MARCH 28, 2022

When evaluating employee health insurance options, it’s easy to confuse different health plans with one another. Two commonly mixed-up health benefits are the health reimbursement arrangement (HRA) and the health savings account (HSA).

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PeopleKeep

JANUARY 18, 2022

For many employers offering a group health insurance plan, adding a supplemental benefit in addition to the group plan can help offset your employees’ out-of-pocket costs. This is especially true with high deductible health plans (HDHPs) that require employees to pay a higher amount on their own before their insurance kicks in.

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PeopleKeep

AUGUST 6, 2021

For many small and medium size businesses (SMBs), it can be tempting to take on administering your employees’ health benefits all on your own. That’s why we recommend investing in a compliant healthcare reimbursement software like PeopleKeep. Get our HRA compliance toolkit for everything you need.

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PeopleKeep

MAY 24, 2021

Opportunities to offer more flexible and personalized health benefits have grown a lot in recent years. With new tax-free vehicles emerging, including account-based health plans (ABHPs), small employers now have multiple ways to increase employees’ benefits.

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PeopleKeep

JUNE 21, 2021

As alternative health benefits solutions like health reimbursement arrangements (HRAs) grow, so do questions about how they work alongside existing programs, including the Consolidated Omnibus Budget Reconciliation Act (COBRA).

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PeopleKeep

AUGUST 23, 2021

That’s what makes health reimbursement arrangements (HRAs) such an excellent health benefits solution, especially for organizations with a wide range of employees across age and health status. If there’s one truth about healthcare in America, it’s that everyone uses it differently.

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PeopleKeep

NOVEMBER 10, 2021

The qualified small employer health reimbursement arrangement (QSEHRA), also called the small business HRA, comes with annual contribution limits. In practical terms, that means small businesses are limited in how much tax-free money they can offer their employees through the benefit.

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PeopleKeep

AUGUST 4, 2021

Those are actually health codes that tell you which items on your receipt are qualifying medical expenses. In this article, we’ll help you understand how to read the codes on your receipts, where you can find them, and how they can help you more easily determine which items are HSA-, FSA-, and HRA-eligible.

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PeopleKeep

JULY 2, 2021

Since the Affordable Care Act created premium tax credits in 2014, millions of low-income Americans were able to get more affordable access to health insurance premiums on the state and federal exchanges. Watch our video to learn more about how premium tax credits work across all HRA types.

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PeopleKeep

AUGUST 16, 2021

If your employer offers a health reimbursement arrangement (HRA), then you have access to a unique health benefit that empowers you to make your own healthcare choices in ways a traditional group health insurance plan doesn’t. Watch our 5-minute video on how HRAs, FSAs, and HSAs are different.

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PeopleKeep

FEBRUARY 2, 2022

One solution is a health reimbursement arrangement (HRA), which provides a tax-free and budget-friendly option. You may know that an HRA is an employer-funded account from which employees can get reimbursed for their out-of-pocket medical expenses. Both types of HRAs meet different needs.

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PeopleKeep

JULY 12, 2021

As a small business owner, it’s likely that you, your family, and your employees are covered by individual health insurance policies. But at the same time, your business is growing and the question of expanding your health benefits is on the table. New to offering health benefits?

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PeopleKeep

AUGUST 13, 2021

population gets their health insurance through their employer. That means half of the country doesn’t get to make any real consumer decisions about their health coverage, its cost, or what network they’re in. Watch our webinar to see how an HRA empowers employees to make their own healthcare decisions.

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PeopleKeep

DECEMBER 13, 2019

This article provides an overview of group coverage health reimbursement arrangements (HRA)s, also called integrated HRAs, and how employers use them to achieve health benefits cost savings.

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PeopleKeep

NOVEMBER 5, 2020

The qualified small employer health reimbursement arrangement ( QSEHRA ), also called a small business HRA, comes with annual contribution limits. In practical terms, that means small businesses are limited in how much tax-free money they can offer their employees through the benefit.

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PeopleKeep

APRIL 22, 2021

Group health insurance is a common way for organizations to provide employees the health coverage they expect from their employer. However, the health reimbursement arrangement (HRA) is another option employees can use to get their medical expenses covered through their employer.

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PeopleKeep

JANUARY 14, 2022

For many small and medium sized businesses (SMBs), offering a traditional group health insurance plan is an expense they simply can’t afford. Luckily, there are other, more affordable and flexible options that make offering health insurance possible. Skip ahead below: What is a stipend for health insurance?

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