Healthcare - HRA

Integrated Funded HRA (IFHRA)

  • Available to employees who elect the group health insurance as a supplement to help with their out-of-pocket healthcare costs.
  • Expenses are determined by the employer, typically medical deductible/coinsurance.


Participant Benefits

  • Way to offset medical expenses that typically have a higher deductible.
  • Employer-funded and don’t pay taxes on employer contributions.
  • Funds can be invested with tax-free earnings.
  • Improves financial & mental wellbeing.

Employer Benefits

  • All contributions are tax-deductible.
  • Improves recruiting, retention and engagement.