Health stipends and health reimbursement arrangements (HRAs) are both great ways to provide health benefits to employees. However, determining the right option for your business depends on a variety of factors.
In this comparison chart, we’ll explain the difference between offering your employees a health stipend vs. an HRA, including:
- What a health stipend is
- When each benefit works best
- How each benefit works
- Which employees may participate in each benefit