Effectively manage costs
- You decide how much the business can afford to contribute
- You can adjust the allowance amount based on budget constraints throughout the year
- Any unused funds at the end of the year go back to the company
Hire and keep top workers
- Workers want health benefits, so offering benefits when your competitors don't will set you apart
- Employees choose the plan and network that works best for them
- If employees are covered by a spouse's or parent's plan, they still get value from the benefit
Simplify administrative processes
- PeopleKeep's cloud-based software only requires 5 minutes per month to administer
- We educate your employees on their HRA plan and how to use it
- PeopleKeep verifies the expenses and notify you and your employee of the verified amount within 2 business days
- You add the verified amount to your payroll
- We keep your company in compliance with all regulations and provide you with all required documentation
If you think an HRA could work for your company but don't know where to start, don't fear. Our eBook, The Construction Company's Guide to Individual Health Insurance Reimbursement, was made just for you.