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Weighing Your Healthcare Options – An HRA Guide

Transitioning from traditional group health insurance to a Health Reimbursement Arrangement (HRA) such as an Individual Coverage Health Reimbursement Arrangement (ICHRA), or a Qualified Small Employer HRA (QSEHRA) can be challenging, especially […]

Dependent Care Accounts: A Comprehensive Guide

Juggling work and family responsibilities can be a daunting task for most employees who are parents or caregivers. The financial burden of childcare or elder care can significantly impact quality of life. Fortunately, Dependent Care Accounts (DCAs) offer a tax-advantaged […]

Navigating the Complexities of ACA Compliance: A Comprehensive Guide

If you’re an employer with 50 or more full-time employees, understanding and complying with the Affordable Care Act (ACA) and its regulations is crucial to avoiding costly penalties and ensuring a smooth year-end reporting process.

As fall approaches, […]

FSA and HSA Mid-Year Checkup

As we near the end of summer, now is the ideal time to conduct a mid-year health account checkup on your FSA and HSA. This proactive step can lead to better financial health and […]

Traditional HRA: Is it Still a Thing?

Back in the 1960s, when healthcare plan deductibles and exclusions became commonplace, employers started reimbursing employees for medical expenses not covered by traditional healthcare plans. In 2002, the IRS formally recognized this practice as a Health Reimbursement […]

PCORI Fees: A Step-By-Step Guide

Once set to expire in 2019, the Patient-Centered Outcomes Research Institute (PCORI) fee was renewed for the next 10 years. This fee, paid every year by July 31 until 2029, is sent to the Internal Revenue Service to fund the […]

How Does a QSEHRA Work?

Qualified Small Employer Health Reimbursement Arrangements (QSEHRA) offer a valuable healthcare solution for small businesses. Not only do they provide employees with the freedom to select their own healthcare, but they also offer tax advantages to both […]

ICHRA Plans Experience Staggering Growth

Large employers with more than 200 employees are the fastest growing segment to adopt Individual Coverage HRAs (ICHRA) in lieu of group coverage, according to a new report by the HRA Council.

The Council’s third data report, […]

LSAs: Helping Your Employees Pursue a Healthy Lifestyle

Lifestyle Spending Accounts, or LSAs, are quickly becoming a popular way for employers to offer reimbursements to employees for certain health and wellness expenses. Once an employer sets up an LSA for an employee, the employee […]

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