FlexHRA
Most employers are continuously hit with annual health insurance premium increases in the double-digits. These costs are becoming unbearable for most employers and complementary alternatives are needed.
Through FlexHRA Health Reimbursement Arrangements, Flex offers multiple plan designs that can assist with the stabilization of health insurance premium increases, while managing the administrative tasks to facilitate these efforts. FlexHRA also provides an array of tools and resources that seamlessly integrate the HRA experience for any company.
Established by IRS Tax Code Section 105, HRAs are employer-sponsored accounts used to reimburse employees tax-free for eligible medical expenses including doctor office visits, prescription drugs, routine physical exams, vision care, dental care and much more. With the advent of HRAs, employers are now able to offer benefit plans with significant financial impact.
Click the graphic below to learn more about the Services FlexHRA can offer to make your HRA a success.
