Fully insured employers can save with a Spousal Incentive Health Reimbursement Arrangement (HRA) by encouraging employees to opt out of their employer-sponsored health insurance if their spouse has access to coverage elsewhere.
The spousal incentive HRA provides a financial incentive for employees to enroll in their spouse’s plan, reducing the overall cost of providing health insurance benefits. By shifting the financial responsibility for covering a spouse to another plan, the employer can lower their premium costs, while still offering employees a valuable incentive to make a more cost-effective choice.
EMPOWER will work with you Insurance Brokers to find the right Spousal Incentive HRA for your Employer clients.
No reviews yet.
Let users know what you would have wanted to know about this company.
