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These are high-deductible health insurance policies paired with a tax-advantaged savings account -- either a health savings account (which lets people set aside pretax money that they can use tax-free for medical expenses, even after they leave that employer) or a health reimbursement arrangement (which provides similar tax benefits but isn’t portable unless the employee retires).
In April, Cigna HealthCare expanded the availability of its consumer-driven Cigna Choice Fund Health Reimbursement Arrangement plans to businesses with 51 to 200 employees in several states: Arizona, Colorado, Texas, Connecticut, Maine, New Hampshire, Vermont, New York, New Jersey, North Carolina, South Carolina, Tennessee and Florida.
2002-41, 2002-2 CB 75, an employer sponsored a health reimbursement arrangement (HRA) paid for solely by the employer and not through salary reduction contributions.
Many companies are even willing to direct some portion of these savings into Health Savings Accounts or Health Reimbursement Arrangements for employees to use until the high-deductible plan kicks in.
223 eligibility to make HSA contributions in various situations in which the individual is covered by a high-deductible health plan (HDHP) and also by a health flexible spending arrangement (FSA) or a health reimbursement arrangement (HRA).
Aetna Global Benefits (AGB), the international business of Aetna (NYSE:AET), announced today that it will begin offering the Aetna HealthFund[R] Health Reimbursement Arrangement (HRA) plan to employers with workers on international assignments.
2002-41 expand accessibility of health reimbursement arrangements (HRAs) and provide guidance on their tax treatment.
Facilitates transition from traditional plans to Health Reimbursement Arrangement or Health Savings Account plans CHICAGO -- The Destiny Health Plan[TM] offered by Guardian announces today the offering of its new PPO option to Illinois employers.