HRA Administration Made Easy
A Health Reimbursement Arrangement (HRA) can help an employer reduce health insurance premiums by implementing a higher deductible health plan. It can also help employees reduce their out-of-pocket costs.
Unlike a Flex account, employers fund and own their own HRA accounts. Employees receive tax-free reimbursements from this fund for qualified medical expenses, up to a fixed dollar amount per year.
Varipro can help you weigh your options against your business objectives. Varipro can help employers administer an HRA account and maintain compliance with IRS regulations