Healthcare - HRA

Individual Coverage HRA

  • Allows employee to enroll in an individual health plan. Allows employer to offer a Healthcare FSA.
  • Employer determines expenses, which can include health insurance premiums along with out-of-pocket medical, dental, and vision expenses.


Participant Benefits

  • Way to offset medical premiums and medical/vision/dental expenses.
  • Allows medical coverage flexibility.
  • Employer-funded and don’t pay taxes on employer contributions.
  • Improves financial & mental wellbeing.

Employer Benefits

  • All contributions are tax-deductible.
  • Can be a stand-alone benefit with GHP or on a class by class basis.
  • Control costs and provide employees more options.
  • Improves recruiting, retention and engagement.