An Individual Coverage Health Reimbursement Arrangement (ICHRA) provides employers with a flexible and tax-advantaged way to reimburse employees for individual health insurance premiums and eligible medical expenses. As ICHRA adoption continues to [...]
The time to think about renewing health insurance plans for 2024 is fast approaching! With most health plans renewing on January 1st, it’s important to start preparing for your company’s plan renewal or to find [...]
The Rise in ICHRAs and QSEHRAs In its 2nd year of reporting, the HRA Council’s 2023 HRA Data Report sheds light on an emerging solution that is revolutionizing the way employers offer healthcare benefits. [...]
The HRA Council has released its highly anticipated 2023 data report on the state of Health Reimbursement Arrangements (HRAs), featuring insights into Qualified Small Employer HRAs (QSEHRAs) and Individual Coverage HRAs (ICHRAs). The report [...]
The economic challenges faced by employees and employers in America today, such as recessionary pressures, and increasing inflation, have led to significant concerns at home and in the workplace. Surveys and polls have [...]
Flyte's automated Labor Law Posters will keep your business up-to-date and compliant! As soon as the laws or regulations change on the State or the Federal Level, a new poster will be [...]
On March 29, 2023, the IRS released Memorandum #202317020, which highlights the need to comply with Health FSA reimbursement requirements when substantiating medical and dependent care expenses. In this discussion, we'll explore [...]
Offering employee benefits and more importantly, flexible benefits can be costly. One very affordable solution for employers that offers flexibility in employees choosing their own insurance policies and a menu of benefits [...]
