HRAs Make It Easy to Provide Tax-Free Health Benefits to Your Employees

Since its debut in January 2020, TCH’s HRA technology platform is the first of its kind. It takes the hassle of providing benefits and healthcare reimbursement out of your hands and makes the healthcare process a simple exchange between TCH and your employees. All you have to do is tell them your business’ healthcare budget and they handle the rest.

As HR professionals, we’re excited because ICHRA represents a totally new, more efficient way for employers to provide health insurance benefits by simply reimbursing for individual claims rather than dealing with the stress of finding and implementing a traditional group plan. The TCH platform makes it easy to setup and administer your ICHRA plan passively. We at CEDR plan to integrate this platform into our own software early next year.

Here are a few highlights:

• LEGALLY Reimburse employees tax-free for insurance (that’s tax-free for you and your employees)
• Customize reimbursements by employee class
• Get set up and live in a matter of minutes
• Seamless receipt tracking and reporting via mobile device
• No setup fees
• No long-term contracts
• If you are growing towards or have 50 or more employees, this technology can work for your team, too

There’s a lot more to cover about this exciting new healthcare option for employers. Watch the video above or read this blog on what HRA’s are and how they work. for more details

Or, to learn more about how TCH can help you set up an HRA that works for your office on a budget you can afford, or to jump to the signup process, visit https://www.takecommandhealth.com/cedr-reimbursement.

This post updated November 2, 2020; originally published October 8, 2019.