5 facts for the most tax savings from your ICHRA
1. What is an ICHRA? An individual coverage HRA (ICHRA) is a type of health reimbursement arrangement that allows employers to reimburse their employees[…]
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What can be reimbursed by a QSEHRA or an ICHRA?
A Health reimbursement arrangement (HRA) is a employee benefit growing in popularity that can be used to reimburse employees for individual health[…]
What is a Health Reimbursement Arrangement?
In this video we help you understand the reimbursement model of health insurance. We will answer the question, "How does a health reimbursement[…]
Common HSA, HRA & FSA Eligible Expenses
The following is a summary of common expenses claimed against Health Savings Accounts (HSAs), Health Reimbursement Arrangements (HRAs), and Healthcare[…]
Important information about your Humana Medicare Advantage Plan
One of the state’s largest Medicare Advantage insurers says M Health Fairview and CentraCare are opting out of the health plan’s network next year, a[…]
What Is Long-Term Care Insurance and Who Needs It?
Planning for the future is tough when it comes to your own mortality. None of us wants to think about our final years, but if you’re nearing retirement[…]
Why Employees Love Health Reimbursement Arrangements: 4 HRA Benefits for Workers
A Health Reimbursement Arrangement (HRA) is an employer-funded health benefit account that reimburses employees for out-of-pocket medical expenses – and[…]
Why You Should Update Your Insurance ASAP After a Qualifying Life Event
If you’ve just changed jobs, had a baby, or experienced another major change in your life, it’s important to know how it may affect your insurance[…]
Common Medicare Terms You Need to Know
Enrolling in Medicare can be confusing, as can understanding your plan even when you’re already enrolled. At Benafica, we’re here to help. The first step[…]