Health Reimbursement Arrangements (HRAs) are funded by employers and are designed to reimburse employees for medical expenses not covered by insurance. When combined with a high deductible health plan, HRA’s can help employers control costs, increase savings, experience tax benefits, and expand benefit offerings to employees.
Landmark provides direct administration of your HRA through a designated senior manager who handles the responsibilities of account reconciliation and reimbursements. All reimbursements are provided in an expedited manner following receipt of the required documentation.
Your account management team will assist you with the launch of your HRA and the education of employees at open enrollment time. They will also ensure that you have all of the information you need to remain compliant under Section 105.
Call us today at (603) 437-4570 to learn more about our HRA Administration services and how we can help your company.