Combine your ICHRA with a Cafeteria Plan for maximum tax advantages.

Both employers and employees benefit by paying lower taxes to help keep health care costs more affordable. In some instances, the savings can be[…]

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[…]

What Is an HRA? Understanding Health Reimbursement Arrangements

For many companies and individuals, navigating the complicated landscape of employer-provided health benefits can be confounding. At Benafica, we’re here[…]

ICHRA 101: Everything You Need to Know About Individual Coverage Health Reimbursement Arrangements

As an employer, the health benefits you provide are key to attracting and retaining top talent at your organization. Providing comprehensive health[…]

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[…]