Why HRAs Are Becoming More Popular With Small Business Owners
Episode Notes
Hey everybody, it's Gene Marks, and welcome to another episode of the Hartford Small Biz Ahead podcast. This week I would like to talk about health reimbursement arrangements. There are different types that are out there, but they are really important for us to know about, why? Because I have seen an explosion in my clients and readers and other small businesses who are now offering HRAs, these health reimbursement arrangement plans. Some are called health reimbursement arrangements, HRAs. These are... why? Because HRAs are a way for you to get out of the healthcare business. Now, I know... I don't want this to be understood in any different way. It's just that so many small businesses are struggling with paying your healthcare premiums for their employees and of course for ourselves. And it becomes more and more of a burden every year.
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