Posts in Insurance & Risk Management
18 Things Small Businesses Must Know about Health Reimbursement Arrangements (HRAs)

1. The federal government considers your arrangement to be subject to the extensive legal requirements of a “group health plan,” even if you did not intend it so or think of it that way. The legal requirements include exposure under the Employee Retirement Income Security Act of 1974 for employee welfare benefit plans.
2. To avoid taxes and legal liabilities, the HRA must be integrated with an employer-provided ACA–compliant group health insurance plan...

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