Today, Zane Benefits, the #1 Online Health Benefits Solution, published new information on HRAs and 2014.
According to Zane Benefits’ website, health reform is bringing sweeping changes to the health insurance industry, including how employers can use Health Reimbursement Arrangements (HRAs). Zane Benefits outlines what employers need to know about the use of HRAs in 2014.
#1) Integrated HRAs: Integrated HRAs are generally compliant in 2014
#2) Retiree HRAs are generally compliant in 2014
#3) Stand-Alone HRAs: Stand-Alone HRA plans (with two or more participants starting on or after 1/1/14) are generally not compliant in 2014.
#4) One-Person Stand-Alone HRAs: One-Person Stand-Alone HRAs are generally compliant in 2014.
According to Zane Benefits’ website, the ACA dealt a blow to small businesses who had been using stand-alone HRAs to offer health benefits as a more affordable alternative to group health insurance.
About Zane Benefits
Zane Benefits, the #1 Online Health Benefits Solution, was founded in 2006 to revolutionize the way employers provide employee health benefits in America. We empower employees to take control over their own healthcare, while helping employers recruit and retain the best talent. Our online solutions allow small and medium-sized businesses to successfully transition to a health benefits program that creates happier employees, reduces costs and frees up more time to serve their customers. For more information about ZaneHealth, visit http://www.zanebenefits.com.