HRA Options
GCHRA Option For Businesses And Companies
A Supplemental
Health Benefit
GCHRA lets you offer a traditional group health insurance plan to your employees and supplement a reimbursement arrangement together. The GCHRA can help your employees pay for medical costs that are not covered by the group health plan like deductibles and out of pocket cost.
Savings
Control Your Cost
GCHRA lets employers like you to control the amount of reimbursement that you give to your employees.
Benefits
Recruit More
This sweetens the deal you are giving new recruits and allows you to attract top-tier employees.
Custom
GCHRA Custom Plans
Employers are able to set minimums for deductibles and cost sharing to control costs and save more.
Liam Johnson
COMPANY
“We need to upgrade our health benefits while keeping these costs affordable, we found HRA Options and they helped us implement a GCHRA and we love it, so do our employees.”
Do you want to upgrade your group health plan in an affordable manner?
GCHRA is designed to help employers help employees pay for health costs that are not covered in the group health plan like a deductible. GCHRA is not restricted to any certain plans. Employers can change their group plans and keep the HRA.
Do you want to upgrade your group health plan in an affordable manner?
GCHRA is designed to help employers help employees pay for health costs that are not covered in the group health plan like a deductible. GCHRA is not restricted to any certain plans. Employers can change their group plans and keep the HRA.
Frequently asked questions
Learn more about GCHRA and how it can help you.
What is a GCHRA and how does it work?
A GCHRA (group coverage health reimbursement arrangement) is a plan used to supplement a group health insurance plan. Employees are given an allowance that helps pay for eligible medical costs.
Who can participate in a GCHRA?
Because this is a group health plan supplement, the only people that can participate are the employees that are part of the group health insurance plan.
When can a GCHRA start?
Employers can implement this anytime, but the HRA will end when the group health plan ends. This ensures that reimbursements are contributed to other plan costs.
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HRA Options is partnered with BenaVest to deliver all of the best HRA plans for you and your team! Please be sure to fill out the form below and a BenaVest agent will get with you to help you get the right plan for you!