Tag: HRAs

HSA or HRA: Key Differences, Benefits, And Employer Trends

United Benefit Advisors (UBA) says that more than one-third (35.1%) of all health plans offered employees a way to help pay their out-of-pocket expenses in 2016, through either a Health Savings Account (HSA) or a Health Reimbursement Arrangement (HRA). Employers and employees reap benefits from both kinds of plans, but in different ways. Understanding key differences can help you make the right decision for your company.

Ask the Expert: Do We Have to Offer Our HRA with COBRA Benefits?

Question: If you offer a Health Reimbursement Account (HRA) to your regular full time employees, are you obligated to offer the HRA to people that terminate and elect COBRA? If yes, can you charge the employee for the COBRA premium AND can you charge for a premium equivalent rate for the HRA (or administrative charge)?

DOL Clarifies Cures Act’s Effect on HRA Guidance

The effect of the recent 21st Century Cures Act on health reimbursement arrangements (HRAs) was clarified by the U.S. Department of Labor (DOL) in a new round of frequently asked questions (FAQs).

What Makes Sense for Your Health Care?

With so much discussion surrounding health care of late, it’s important to know what current options are available to ensure that you as an employer are selecting the best coverage for your business and its employees. With more and more frequency, employers are leaning toward a Consumer-Driven Healthcare Plan (CDHP)—a plan in which employee/consumer behavior […]