If you have considered offering your employees a health reimbursement arrangement, you probably know that these tax-advantaged tools allow you to reimburse employees for insurance premiums and/or qualified medical expenses. HRAs have proven to be an effective retention strategy and are a great option for businesses over the expensive, one-size-fits-all group plan. With the right HRA administrator, reimbursing employees for health insurance is simple, quick, and effective. But what is an HRA administrator? Let’s dive right in.

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