Flexible Designs
No more one-size fits all plans! HRA plans can be customized and designed to achieve you or your clients’ goals.
Reimburse your employees tax-free with the industry’s only health reimbursement arrangement (HRA) administration platform with hands-on enrollment support.
Take Command makes healthcare reimbursement simple and easy.
Flexible Designs
No more one-size fits all plans! HRA plans can be customized and designed to achieve you or your clients’ goals.
Simple Administration
Take Command will automatically generate the documents your employees need and can help them search for and enroll in a plan online.
No Contribution Limits
There are no annual contribution caps. This allows employers to define unrestricted benefit budgets.
Want to dive into the details of HRAs?
Our HRA Guide will walk you through how HRAs work, HRA benefits, and HRA setup.
Join the 5,000+ businesses saving on health benefits with Take Command
Union Orthotics and Prosthetics
"Facing a 40% renewal, our broker introduced us to the idea. Take Command provides the tools there for everybody to enroll in very easy formats on the platform."
Taro Health
"To attract and maintain talent, we needed benefits. Managing our HRA has been simple and hands-off. I spend two hours a month managing and administering it."
StreamCare
"Take Command has made it simple to set up and administer the small business HRA for StreamCare and we highly recommend it to other small businesses."
In the current economic environment, your business may be struggling to recruit employees and ensure that you have the best people working for you. In addition, your business is likely constantly looking for employees who are happy with your company and excited to help you fulfill your business mission. In an environment like this — where workforce shortages remain remarkably persistent — that can be a major challenge.
As a business owner, you must create value for your employees. That means offering them excellent pay, flexible working conditions, and the best possible benefits. An HRA - or Health Reimbursement Arrangement - can be a critical component of these benefits. When managed right, HRAs can keep your employees happy by ensuring they can pay for healthcare while reducing their taxes. Your challenge is finding an HRA administration platform that is responsive to your needs and keeps its fees to a minimum.
There is no doubt that there are major pros and cons to using an HRA administrator. The right HRA agency can enable flexibility for businesses of any size, provide a valuable arrangement for employees to help them achieve major tax savings, and integrate with QSEHRA programs or ICHRA programs to increase their benefits. However, that's not to say that all HRAs are easy to operate or inexpensive for employers, and you must weigh these potential challenges against any benefits.
It is important to note that different HRA products apply to different businesses. For example, if you are a small business, you likely make HRA decisions independently, while larger businesses may work through a broker and need different HRA products. However, HRA benefits can be perfect for a small or large operation.
So, where does that leave your business? How does this impact your ultimate desire to create a robust and useful employee benefit? First, you must find the best HRA Administration to achieve your business goals. As such, you must understand specific HRA fees and software while also knowing the different HRA administrators which exist and can help you achieve your business goals.
Any HRA program you enroll in will charge your business HRA administration fees. These fees will vary based on the HRA platform you use, but you should work to keep them as low as possible, and ensure that you fully grasp what you are paying. You'll also need to understand how an HRA administrator levies these fees, where there may be opportunities for negotiation, and what you get for the fees you pay.
First, you should understand that pricing usually varies by employee. For example, at Take Command, we charge $20 per employee per month with a $40 per month platform fee. This price covers various services, including:
These options typically suit the needs of smaller businesses with a set requirement for their employees. However, additional options and price flexibility may be required for businesses of fifty employees or more. In these instances, Take Command can offer specific programming, including:
Ready to Get Started?
Begin designing your ICHRA plan today and be set up in minutes. You could start reimbursing your employees tax-free sooner than you think.
Get started today!
Begin designing your HRA plan today and be set up in minutes. You could start reimbursing your employees tax-free sooner than you think.
HRA administration software will help you manage your HRA for employees. However, you can find HRA administration software from any number of companies. What is much harder to find is high-quality software capable of managing a vast array of needs for your business.
What sort of functions and features should your HRA software have? Consider the following:
HRA software must be simple, convenient, and intuitive. In other words, properly designed and configured software should allow end-to-end HRA management for your business and your employees.
The best HRA administrators should be able to set up HRA accounts and help your business manage HRA-related needs. Ultimately, this is about more than just an affordable price.
So, what should the best HRA administrators know?
The field of HRAs is highly complex, but there is no doubt that employers have amazing opportunities to use HRAs to provide real value to their employees. Are you ready to make the change and enroll in an HRA? Make sure to check out our website to read up on the latest HRA news to learn more about how we can bring HRAs and all their value to your organization.
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