PeopleKeep’s qualified small employer health reimbursement arrangement administration software is a powerful alternative to group health insurance
If you’re a small employer with 50 or less employees looking to offer health benefits on a budget, the qualified small employer health reimbursement arrangement (QSEHRA) is made just for you.
A QSEHRA is a formal health benefit that allows organizations to reimburse their full-time workers, tax-free, for their medical expenses.
“The [QSEHRA] benefit saves me tons of time as a CEO and that time savings is definitely worth many thousands of dollars per year.”
CEO of Bounce
With a QSEHRA, there are no minimum contribution requirements you need to meet—only a maximum limit. Plus, you can offer different allowances based on family status.
Unlike offering an employee stipend, offering a QSEHRA is completely tax-free for employers and tax-free to employees with minimum essential coverage (MEC).
If your employees already have an HSA, they can easily coordinate their health spending with their monthly QSEHRA allowance. No need to choose between the two.
Rather than being lumped into a one-size fits all group plan, a QSEHRA gives employees the power to choose their own individual health insurance.
Whether it’s by phone, email, or live chat, our responsive, U.S.-based customer support team and free help articles are there for you and your employees anytime you need us.
Join thousands of others who use PeopleKeep to administer their QSEHRA
Reimbursement dollars processed
As a small or medium size business owner, we know you wear a lot of hats. That’s why at PeopleKeep, our software is simple to administer and our award-winning customer service team is available at the click of a button. Whether it’s filling out legal documents, reviewing reimbursement requests, or navigating tax requirements, we’re here to guide you every step of the way.
Maybe that’s why we have hundreds of five-star reviews on Google, Capterra, and G2. Or maybe it’s because our customers love how intuitive and simple our software is to use. Either way, our team handles the administrative and compliance burden so you can focus on running your organization.
See what our customers have to say on Google, Capterra, and G2.
First, you’ll need to answer a few questions to make sure your organization is eligible to sign up for a QSEHRA. Your eligibility will depend on the size of your organization, the number of W-2 employees you have, and what other group health insurance plans you have in place.
Next, you’re ready to create a PeopleKeep account for your organization. Here you’ll fill in basic information about your organization, like the address, phone number, and tax-filing status.
We use the information you enter in this setup process to instantly set up your legal plan documents, which are part of what makes your QSEHRA plan compliant with all applicable federal regulations.
You’ll also include some basic contact information about you. As the benefits administrator, you’ll be able to add and manage benefits, users, and billing information. You’re welcome to add more admins later to help manage your account.
Now you’re ready to design your benefit so it’s tailored to you and your employees’ needs. This step includes choosing a monthly allowance amount, deciding if you want employees with different family statuses to receive different allowance amounts, and choosing whether or not you’d like to reimburse employees for qualifying out-of-pocket expenses in addition to their insurance premiums.
Next, you’ll add the names and emails of each of the employees you want to participate in your QSEHRA benefit. With a QSEHRA, all W-2 are eligible to participate, so all of your employees will automatically be opted in to the benefit.
When you’re ready, the last step is for you to sign your benefit documentation to officially launch your QSEHRA. Once it’s signed, we’ll automatically invite your employees to start using it on the start date you chose!
Qualified Small Employer HRA
The perfect on-ramp to health benefits for small employers.
Speak with a PeopleKeep personalized benefits advisor who can help answer questions, set up your account, and guide you through the beginning stages of your new benefit.