Small Business Benefits
What is an HRA?
The Employer-Sponsored HRA (health reimbursement arrangement) plan designs are tax-advantaged solutions funded by employers to help employees pay for expenses eligible for reimbursement and become more engaged in their healthcare decisions.
Advantages
Pair any of our self-funded major medical plan designs with one of our HRA plan designs for cash-flow control and lower costs – with the added bonus of seamlessly integrating HRA administration and claims processing. (Our HRA plan designs cannot be paired with our preventive-only plan design.)
3 important things to remember
Funding
Funded by employers
Tax advantages
Contributions are not taxed upon deposit or withdrawal to pay for expenses eligible for reimbursement.
Pairing with a health benefit plan design
Our HRA plan designs must be paired with one of our major medical or limited medical plan designs.
Trustmark® and Trustmark Small Business Benefits® are trademarks of Trustmark Insurance Company. All other trademarks are the property of their respective owners, which are not affiliates of Star Marketing and Administration, Inc., and Trustmark Life Insurance Company.
Plan design availability and/or coverage may vary by state. Plans are administered by Star Marketing and Administration, Inc., and stop-loss insurance and ancillary coverage are provided by Trustmark Life Insurance Company.
Plan design availability and/or coverage may vary by state. Plans are administered by Star Marketing and Administration, Inc., and stop-loss insurance and ancillary coverage are provided by Trustmark Life Insurance Company.