Responding To Slowdowns Caused By Coronavirus

The Coronavirus (Covid-19) is impacting the travel and hotel industry, restaurants, events, and many other services to varying degrees — with ripple[…]

Handling Employee Terminations

Dealing with employee terminations is one of the most challenging employee situations that managers have to deal with is discharging an employee based on[…]

Benafica Employee Benefits - Coronavirus Employer FAQ

It has been an unimaginable few weeks as our world faces historic challenges with the COVID-19 pandemic. Benafica is dedicated to keeping you informed[…]

6 types of Health Reimbursement Arrangements (HRAs) you should know about?

A Health Reimbursement Arrangement (HRA) is an employer funded health benefit account that reimburses employees for out-of-pocket medical expenses, and in[…]

What is a QSEHRA?

A QSEHRA pronounced “Q-sehra stands for Qualified Small Employer Health Reimbursement Arrangement. QSEHRA, also known as a small business HRA for[…]

BENAFICA, LLC ENTERS THE HRA MARKET TO OFFER NEXT GENERATION EMPLOYEE BENEFIT OPTIONS

Benafica’s new Individual Contribution HRA (ICHRA) services for Employers reimburses employees tax-free for health insurance

What is an ICHRA?

ICHRA “ick-rah” stands for Individual Coverage Health Reimbursement Arrangement. It allows employers to make a per employee per month tax-free[…]

What is an HRA?

A Health Reimbursement Arrangement (HRA) is an employer funded health benefit account that reimburses employees for out-of-pocket medical expenses, and in[…]