Health Reimbursement Arrangement (HRA)
Empowering Employers and Employees to Take Charge of Health Care
Rising healthcare costs can be overwhelming for small businesses. That’s where Health Reimbursement Arrangements (HRAs) come in an innovative, tax-advantaged way for employers to provide quality health benefits while controlling expenses.
At Insurance Masters, we help employers design and implement flexible HRA plans that allow employees to get the coverage that fits their needs, while employers enjoy predictable budgets and valuable tax savings.
What Is an HRA?
An HRA is a tax-favored, employer-funded account that reimburses employees for qualified medical expenses or health insurance premiums. Employees get the freedom to choose the coverage that best fits their needs, and employers keep full control over costs.
A Win-Win for Employers and Employees
HRAs make healthcare simple, affordable, and flexible—helping businesses save money while giving employees the power to choose the coverage that works best for them.
Why Employers Love HRAs
- Offer competitive health benefits without breaking your budget
- Take advantage of tax savings for your business
- Empower your team to make smarter healthcare choices
Maintain compliance with Affordable Care Act requirements
Why Employees Love HRAs
- Choose the plan and providers that fit your family’s needs
- Enjoy tax-free reimbursements for premiums and expenses
Keep more control over how your healthcare dollars are spent
Simplifying Medicare for Seniors
Insurance Masters makes implementing an HRA simple, transparent, and stress-free. We guide you every step of the way—from setup to employee communication—to ensure your program runs smoothly and benefits everyone.
Discover how your business can save up to 60% on group health insurance with an HRA today.