Health Reimbursement Arrangements: QSEHRAs, ICHRAs, and EBHRAs

Overview

Are you ready to talk to your clients about the new health reimbursement arrangements (HRAs) that can now be offered by businesses of any sizes?  These "cash-for-coverage" plans may signal a real shift in the way employers provide health insurance benefits to their employees. 

This courses provides an overview of  QSEHRAs, ICHRAs and EBHRAs: their purpose, function, features, and benefits, as well as the requirements they impose on sponsoring employers and participating employees. For many reasons, it is expected that these plans will be especially popular with the small to mid-size employer market,  notably employers that find traditional group health plans unaffordable or ill-suited for their business and employees.  

Learning Objectives

Upon conclusion of this course, students will be able to:

  • describe a health reimbursement arrangement (HRA) 
  • explain the basics of the various types of HRAs:  QSEHRAs, ICHRAs and EBHRAs
  • assess the benefits these HRAs offer, for both employers and employees
  • cite the distinguishing features of each HRA, and how the benefits each provides differ from traditional group health insurance plans
  • know the terms and conditions that must be met by an employer to offer these HRAs, and by employees to participate in these HRAs 
  • understand the tax advantages of an HRA for both the employer and  the employee

Designed For

Life and health insurance producers; financial advisors and planners

Prerequisites

There are no prerequisites for this course; however, a basic understanding of group health insurance plans and benefits would be beneficial.
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