QSEHRA, also known as a small business HRA for employers with fewer than 50 employees is an employer-funded, tax-free health benefit used to reimburse employees for health insurance premiums and peronal health care expenses.
QSEHRA’s began in the marketplace in 2017 and continue to grow in popularity year after year .
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|2023 Annual Contribution||$5,850||$11,800|
|2023 Monthly Contribution||$487.50||$983.33|
|Note: Unclaimed funds remain with the employer.|
In determining how much an Employer should set their reimbursement amount at, there are a few things to keep in mind. The main point is that it must be done fairly within each defined category.