Finally. You can offer health insurance without the hassle of a group plan.
Brought to you by Take Command in partnership with HomePay
No more stress, we do all the heavy lifting.
As the HRA experts, we handle everything your employees need to get insurance. We'll support them all the way through the process, handling all the details and regulatory needs to free you up to actually enjoy providing insurance. We'll handle:
The first step is designing your HRA
Our platform will guide you step-by-step through the designing process, asking you all the right questions and helping you create your health insurance plan.
You can set the budget however you please. Therefore, the right question is how much do you want to spend? Some employers contribute a few hundred dollars, while others offer a few thousand. You're in control. That's the power of your new HRA!
You should start your HRA whenever you want. Because both QSEHRA and ICHRA trigger what's called a Special Enrollment Period (SEP), you can offer your HRA as soon as next month* rather than waiting for Open Enrollment to begin.
If your employees already have qualifying health insurance, you can start your HRA as soon as today and your employees will be eligible for the entirety of this month’s allowance.
[*Though for larger employers we recommend at least 30 days to ensure the onboarding process is smooth.]
There's no wrong way to design your HRA. There are a few regulatory guidelines our software will ensure you follow, but the truth is you should design your HRA to fit your budget and health insurance needs. Connect with our team if you'd like to hear more about what businesses like yours are doing.
While both HRAs allow you to reimburse your employees tax-free for health insurance, the main differences revolve mostly around which employees you'd like to participate and how much you'd like to offer them. Visit our blog to learn more.
Creating your HRA could take as little as a few minutes. If you already know which employees you'd like to participate, when you'd like your HRA to begin, and how much you'd like to contribute, our software can have you quickly done.
That said, if this is your first time designing an HRA, you'll probably have to make a few decisions along the way that require research or conversations with our team, so it's probably best to plan for a few days to set up.
The next step is introducing your HRA
Time to celebrate–you have new benefits! Our team will help you announce it to your employees and help you roll it out.
While you can tell your employees about their new benefits at any time*, the IRS requires you to communicate the new solution within a specific timeframe. But don't worry, based on your start date, our team will ensure that you communicate when the time is right. Additionally, we'll help you explain the HRA to your employees.
[*We recommend that employers switching from a group plan to an HRA talk with our team to ensure the transition is as smooth as possible.]
Once your HRA has been designed and your official plan documents are signed, we will begin communicating with your employees to guide them through setting up their accounts and beginning the onboarding process.
We'll handle that too! While employees can purchase their qualified individual health insurance plans wherever they choose, the simplest way is to use our platform. During the shopping experience, your employees will not only see the plans in their area, they will also see which plans work best with your HRA and what their payment options are.
Depending on which plans they select, your employees could be enrolled in a plan and set up on our platform in one quick sitting.
We'll handle it. Our customer support team is dedicated to answering all the questions your employees have. Chat, email, phone–we're available to make this process enjoyable and positive for your employees all year long.
The last part is enjoying your HRA
Time to relax! Your new insurance solution is finally here, and you can rest easy because you've done an incredible thing–your employees have the option of health insurance!
Each month, your admin portal on our platform will provide you with a report giving you full visibility into how much you need to reimburse your employees. Many employers use this report to run reimbursements through their payroll software, while others use our AutoPay feature to automate the process*.
[*AutoPay not available with all insurance companies. The reimbursement process may vary based on how and where employees purchased insurance.]
As part of the onboarding process, your employees will provide us with proof of coverage. Our team then verifies all submitted documents to ensure your employees are eligible for health insurance.
Our platform will provide you an overview dashboard where you can see and manage your HRA at any time. Each month, a report will be provided that shows you exactly how much to reimburse each employee. You will also be able to see previous reimbursements.
Our platform will provide you with an overview dashboard where you can see and manage your HRA at any time. You'll be able to add or remove employees as the number of your employees fluctuates throughout the year.
Your employees won't be the only ones with questions throughout the year. Our customer support team is dedicated to helping you and all your needs. Rest easy, we've got you covered.
Do you still have questions?
Let's connect! Tell us a little bit about you, and we'll connect you with the right people.
Our customer support team is online ready to help answer all your quick questions.
Let's block out some time to talk through your questions and see if an HRA is a good fit.
Drop us a note and we'll make sure it gets in the hands of the right person.
We look forward to talking with you.
To save some back-and-forth scheduling, please select a time that works best for you. We'll give you a ring!
We look forward to talking with you.
Do you have questions? Great! We probably have some pretty good answers. Let us know what you need, and we’ll make sure the right team member gets connected with you.