Spousal Incentive HRA

Spousal Incentive HRA

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.