Health Reimbursement Accounts

Health Reimbursement Accounts have been designed to allow employers to reimburse employees for certain medical expenses. In turn, employers can enjoy a tax incentive for each payment made, helping to reduce the cost of providing overall health benefits.

The advantages of HRAs include:

• Tax-deductible claims for employers
• Roll-over of HRA funds year after year
• Employees can be enrolled in another health plan to qualify
• Flexible reimbursement plans to meet the specific needs of employees

To learn more about Connecticut Health Reimbursement Accounts, their benefits and drawbacks, speak to one of our dedicated agents today.

Contact Litchfield Insurance Group now.