The best time to offer an HRA is when your client is unable to afford an annual rate increase on a group health insurance plan.
HRAs are 100 percent employer-funded and controlled, and there is no maximum or minimum amount employers may contribute. Generally, employees cannot take unspent HRA funds with them when they changes jobs.
480 E. Winchester St. Suite 230 Salt Lake City, UT 84107
Disclaimer: The information provided on this website is general in nature and does not apply to any specific U.S. state except where noted. Health insurance regulations differ in each state. See a licensed agent for detailed information on your state. PeopleKeep, Inc., does not sell health insurance.