PeopleKeep

JUNE 21, 2021

As alternative health benefits solutions like health reimbursement arrangements (HRAs) grow, so do questions about how they work alongside existing programs, including the Consolidated Omnibus Budget Reconciliation Act (COBRA).

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Groups 98

PeopleKeep

MAY 24, 2021

With new tax-free vehicles emerging, including account-based health plans (ABHPs), small employers now have multiple ways to increase employees’ benefits. In this article, we’ll go over the differences between an HSA and a QSEHRA, how they can work together, and why small employers should consider offering both at the same time.

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PeopleKeep

AUGUST 20, 2020

It’s easy for employers to offer an individual coverage HRA (ICHRAs) to employees located in other states , but is the same true for qualified small employer HRAs (QSEHRAs) ?

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PeopleKeep

NOVEMBER 5, 2020

The qualified small employer health reimbursement arrangement ( QSEHRA ), also called a small business HRA, comes with annual contribution limits. In practical terms, that means small businesses are limited in how much tax-free money they can offer their employees through the benefit.

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PeopleKeep

NOVEMBER 20, 2020

If you’re interested in establishing a qualified small employer health reimbursement arrangement ( QSEHRA ) for your company, you might feel overwhelmed as there can be a lot of new terms, concepts, and regulations to understand.

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PeopleKeep

DECEMBER 25, 2019

A common question we receive is "will offering a QSEHRA prevent employees from obtaining individual premium tax credits?" Employees who receive monthly allowances through a Qualified Small Employer Health Reimbursement Arrangement ( QSEHRA ) can still access premium tax credits because an HRA is not an "eligible employer-sponsored plan.".

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PeopleKeep

JUNE 14, 2021

When Congress passed the 21st Century Cures Act in December 2016, it created a new health plan for small employers—the qualified small employer health reimbursement arrangement (QSEHRA), or small business HRA.

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PeopleKeep

JANUARY 6, 2020

Small businesses have been particularly vulnerable. These unsustainable costs, coupled with the hassle and one-size-fits-all nature of traditional group benefits, have caused many small businesses to drop health benefits. Fortunately, there are more small business health benefits options today than ever before.

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Groups Strategy 92

PeopleKeep

OCTOBER 17, 2021

According to survey data from the Kaiser Family Foundation , 98% of employers feel that the high costs of offering healthcare to their employees is excessive. Small businesses are particularly vulnerable to these unsustainable costs. Group coverage HRA (GCHRA). Qualified small employer HRA (QSEHRA).

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Groups Survey Data 52

PeopleKeep

SEPTEMBER 16, 2020

A common question among small business owners is whether they can offer employees a stipend to help pay for the cost of individual health insurance.

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HRExecutive

MAY 4, 2023

Robin Paoli, HRA Council “ICHRAs are a federal, legal vehicle for employers to do what they have wanted to do for years: Can’t I just give my employees money to buy their own health insurance? Paoli said that from 2020-22, ICHRA adoption tripled—and grew by 10 times among Applicable Large Employers.

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Planning Tools HR Software Comparison Conference 81

PeopleKeep

AUGUST 22, 2019

The final ruling made this year regarding health reimbursement arrangements (HRAs) in 2020 has made a special enrollment period (SEP) available to individuals and their dependents who become newly eligible for HRA coverage. In this post, we’ll go over six of the most common questions asked about SEPs for ICHRA and QSEHRA.

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PeopleKeep

SEPTEMBER 12, 2019

As a business owner looking into health reimbursement arrangement (HRA) options, you may have been wondering whether the qualified small employer HRA (QSEHRA) or the i ndividual coverage HRA (ICHRA) is the best choice for your company.

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Groups Company 40

PeopleKeep

NOVEMBER 15, 2019

The qualified small employer health reimbursement arrangement ( QSEHRA ), also called a small business HRA, comes with annual contribution limits. In practical terms, that means small businesses are limited in how much tax-free money they can offer their employees through the benefit.

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Paycor

JANUARY 16, 2020

Small business owners aren’t insurance experts and they shouldn’t have to be. Many businesses are so small that the folks in charge of evaluating benefits packages are sometimes in the dark about the myriad compliance requirements surrounding health insurance coverage. Group Coverage HRA. Group Coverage HRA.

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Paycor Planning Tools Compliance Groups 52

HR Daily Advisor

JANUARY 5, 2017

A broad-based healthcare bill signed December 13 by President Obama established a new form of stand-alone health reimbursement arrangement (HRA) for small employers. 34), the “qualified small employer HRA” (QSEHRA) option will be available to employers with fewer than 50 full-time employees that do not offer a group health plan.

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HR Daily Advisor

MARCH 13, 2017

The Internal Revenue Service (IRS) has postponed the notice requirement for the new “qualified small employer health reimbursement arrangement” (QSEHRA) program, until the agency issues further guidance. QSEHRAs are available to employers with fewer than 50 full-time employees that do not offer a group health plan.

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Groups 50

Zenefits

APRIL 6, 2023

A common question for both employers and employees is “Do small businesses have to provide health insurance?” Small companies, as defined by federal law in this instance, don’t have to offer their staff a health benefit plan or provide health coverage of any kind. 2 Do you need to provide health insurance as a small business?

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Retention and Turnover Groups Survey Meeting 36

Zenefits

JANUARY 30, 2017

In fact, the 21st Century Cures Act, signed into law by President Obama on December 13th, 2016, has a huge impact on how small businesses help pay for health coverage. Here’s what small business employers need to know: #1: The Impact of the 21st Century Cures Act on Health Coverage. Unfortunately, not everyone.

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Zenefits Background screening Groups Guidelines 37

Business Management Daily

SEPTEMBER 29, 2021

For employers, it presents an annual reminder to check up on their benefits offerings and potentially add on new benefits or coverage options to remain competitive for recruiting and employee retention purposes. If the provider deadlines are missed, late enrollment may not be allowed without a qualifying life event.

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Hiring Software Guidelines Planning Tools Time and Attendance 104

HR Daily Advisor

JANUARY 20, 2017

It discusses the newly established “qualified small employer HRA” (QSEHRA) program, along with some other ACA interpretation issues regarding special enrollment and preventive care. With respect to EPPs and HRAs that do not qualify as QSEHRAs, the Departments’ prior guidance continues to apply.”

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Guidelines Groups Compliance Policies 40

WEX Inc.

OCTOBER 18, 2019

Whether you're a small business or large organization, navigating the benefits world and its continuous evolution can be a challenge. That includes group health insurance alternatives such as HRAs. Previously, there were two types—the Health Reimbursement Account (HRA) and Qualified Small Employer HRA (QSEHRA).

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Bonusly

JANUARY 15, 2020

The health reimbursement arrangement ( HRA ) is having quite a moment. After being seriously reduced by IRS guidance following the Affordable Care Act, they’ve reentered the scene as a serious option — particularly for small businesses. In this post, we’ll cover everything you need to know about HRAs in 2020. The retiree HRA.

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Policies Groups Guidelines Retirement 96

PeopleKeep

APRIL 30, 2020

Because the reimbursements occur pre-tax, employees and employers often save up to 50% in combined taxes on the cost of medical expenses. An employer usually offers an HSA-qualified high-deductible health plan and an HSA. Health Reimbursement Arrangements (HRAs). Health Reimbursement Arrangement (HRA).

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Planning Tools Comparison Groups Software 72

Zenefits

DECEMBER 4, 2019

As a progressive small business owner, you know the powerful role of health insurance in attracting and retaining qualified people. But the health insurance industry is a giant domain, which can be intimidating to small employers seeking group coverage. HDHP not paired with an HSA or HRA — 19%. HDHP advantages.

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Survey Groups Comparison Benchmarking 36

Patriot Software

MARCH 11, 2019

Do employers have to offer health insurance ? If this requirement doesn’t apply to you, you might decide to establish a QSEHRA plan. What is a QSEHRA plan? A Qualified Small Employer Health Reimbursement Arrangement (QSEHRA) is a tax-free employee benefit. Can you provide QSEHRAs?

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Planning Tools Wage and Hour Training Payroll Compliance Training 40

HR Digest

AUGUST 19, 2023

In the field of human resource management, professionals play a crucial role in ensuring compliance with various laws and regulations that govern the employer-employee relationship. Compliance with these laws is essential at every stage of the employment lifecycle, from recruitment to termination.

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Compliance HR Planning Wage and Hour Training HIPAA 88

HR Daily Advisor

NOVEMBER 14, 2017

The Internal Revenue Service (IRS) has issued detailed guidance on the qualified small employer health reimbursement arrangement (QSEHRA) program established by Congress last December. 114-255), created QSEHRAs for use by certain small employers. Eligible Employers. Eligible Employees.

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Groups Policies Report Compliance 43

HR Morning

JANUARY 6, 2017

Here’s some of the most useful info to come out of this latest FAQ: Qualified small employer HRA. It is also referred to as “qualified small employer health reimbursement arrangement” — or QSEHRA. be provided to all eligible employees of the employer offering the HRA.

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Guidelines Retirement Groups Report 63

Zenefits

DECEMBER 11, 2018

In late October, the departments of Labor, Health and Human Services, and the Treasury released the regulatory details , which White House officials said will allow employers of all sizes to “finance individually-selected health insurance on a tax-preferred basis” and give their workers more health coverage options. HRAs defined.

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Discrimination Zenefits Payroll Groups 34

HR Daily Advisor

OCTOBER 25, 2018

Federal regulators have proposed allowing employers to sponsor health reimbursement arrangements (HRAs) for their employees to go purchase health coverage on the individual market—a practice that is currently prohibited under the Affordable Care Act (ACA). Secretary of Labor Alexander Acosta said in an October 23 statement.

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Groups Retirement Discrimination Compliance 56

HR Daily Advisor

MAY 22, 2017

Earlier this month, the House of Representatives passed The American Health Care Act (AHCA), which eliminates or modifies key tenets of the ACA and promises to reshape the way employers provide health insurance. What Does The AHCA Say About Employer-Sponsored Coverage? YinYang / iStock / Getty Images Plus.

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HR Planning Planning Tools HR Software Policies 67