What Is QSEHRA – A Full Guide

What Is QSEHRA – A Full Guide

What is QSEHRA? A QSEHRA, Qualified Small Employer Health Reimbursement Plan, is an HRA plan that can be offered by small employers of 50 or fewer employees. These plans allow employees to receive some health savings from their employer to a certain amount as long as...
What Are The ICHRA Pros And Cons?

What Are The ICHRA Pros And Cons?

What Are The ICHRA Pros And Cons? ICHRA plans allow businesses of any size to reimburse employees tax-free for medical care. ICHRA plans allow for employers to modify eligibility and allowance amounts. There are several employee classes that businesses can structure...
What Are The QSEHRA Contribution Limits

What Are The QSEHRA Contribution Limits

QSEHRA plans are limited in the amount of tax-free money they can reimburse to their employees. Every year there is a new limit that is decided by the IRS and for the year 2022, it is $5, 450 for individual plan employees and $11, 050 per employee with a family....
What Is ICHRA And The 6 Steps on How It Works

What Is ICHRA And The 6 Steps on How It Works

What is ICHRA? Let’s first cover what an HRA is. HRA is a health reimbursement arrangement, which means employees are reimbursed by the employer for a certain amount of money each month to help pay for health and medical expenses (insurance premiums, deductibles,...