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As an employer, offering health benefits to your employees
is a major decision for your small business. Starting in 2020, you’ll have
more ways than ever to contribute to your employees’ health care costs
using a NEW individual coverage health reimbursement
arrangement (HRA).
With an individual
coverage HRA, employers will be able to help their employees pay
for qualified health insurance costs – such as monthly premiums for
individual market plans – through a non-taxed reimbursement. This allows
employers the ability to better control costs, while providing employees
the flexibility they need to pick individual health insurance that is right
for them and their families.
Visit HealthCare.gov to find out if you can offer an
individual coverage HRA, which employees are eligible for your offer, and
how to set up an individual coverage HRA!
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