HRA and HSA Accounts Help Employees Get More Value
HRAs (Health Reimbursement Arrangements) and HSAs (Health Savings Accounts) can make health care more affordable for your employees. Clarke Insurance Agency shops for these options so you don’t have to. That means we can find HRA and HSA accounts that give you the most value for every dollar you spend.
What is an HRA Account?
Employers that choose to offer HRA accounts must contribute money to the accounts. It’s considered a part of your employee benefits package. You get to set the amount that you contribute annually.
This offsets the cost of medical services for your employees. If an employee quits or gets fired, though, they do not get to take the HRA account with them. It remains in your control.
What is an HSA Account?
An HSA account allows the employer and employee to contribute money for health care expenses. When the employee leaves, however, he or she retains control of the account.
Many people see this as a more useful benefit. HSA accounts also offer more flexibility that lets employees use them in connection with low-deductible plans. They can even use the account to pay for health insurance premiums.
Getting More Value for Your Dollar
Clarke Insurance Agency lets you bundle insurance policies so that you get more value for every dollar you spend. Combining an HRA or HSA account with health insurance, life insurance, and dental insurance, gives your employees more coverage without charging you the full amount for each individual policy.
Our goal at Clarke Insurance Agency is to find you the best value without asking you to spend a lot of time and money. It’s our job to find the right options for you. You just have to tell us what types of coverage you want.
Contact our office or fill out an online form to get quotes that will show you how we offer more value for money.