HRAs

COVID-19 Personal Protective Equipment (PPE) Now Eligible for FSA, HSA, and HRA Reimbursement

On March 26 the Internal Revenue Service (IRS) released IRS Announcement 2021-7, which states that personal protective equipment such as masks, hand sanitizer, and sanitizing wipes that are purchased “for the primary purpose of preventing the spread of COVID-19” (COVID-19 PPE) are qualified medical expenses under Section 213(d) of the Code.

By |2021-03-30T10:28:40-04:00March 30th, 2021|FSAs, HRAs, HSAs, Legislation, News|

Building Harmonious Partnerships with the Help of Health Reimbursement Arrangements

A healthy partnership is not just between two organizations with similar goals who mutually benefit—but a relationship between employer and employee. When it comes to maintaining this relationship, one of the keys to a harmonious partnership revolves around the benefits the employer provides the employee. This article explores how HRAs can make for a healthier, happier union between employer and employee.

By |2021-03-26T11:09:35-04:00March 26th, 2021|Brokers, Employer Posts, HRAs|

An Employer’s Guide to Health Reimbursement Arrangements (HRA): Which Option is Right for You?

A health reimbursement arrangement (HRA) is a way for employers to reimburse their employees for health expenses. Businesses use HRAs instead of group health insurance or in addition to it, depending on their situation. But with all the acronyms, benefits options, and health care choices available today, what does it all really mean? In this article, learn how HRAs began, how they work, which people they benefit, and what types of HRAs are available. Plus, you can check out the HRA guide we created to help you figure our which HRA is right for you!

By |2020-12-23T00:48:34-05:00November 16th, 2020|Brokers, Employer Posts, HRAs|
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