Offer more rewarding benefits to your employees
With an HRA, you remain in control of what expenses are covered while providing an advantageous health care supplemental benefit for your employees. Lifetime Benefit Solutions can help create the perfect balance between the rising costs of health care and an attractive benefit package for your employees and potential candidates.
Take the first step towards savings
Deductible Only
Designed to be coupled with a higher-deductible health plan. The employer elects a higher deductible health plan and then, through the HRA, allows members to access dollars saved from the reduced premium expense, to offset the increase in the health plan deductible.
Limited Purpose
This plan is offered to members who make HSA contributions and can be used in combination with the HRA. It is designed to reimburse only dental and vision expenses.
Individual Coverage
Individual Coverage HRAs (ICHRAs) are a type of employer funded HRA provided to employees as a means to purchase individual health insurance rather than offering a group health plan.
Customized Reimbursement
The employer has full creative freedom with this plan – you can fully customize the health plan expenses you wish to be reimbursed, such as prescription only, copayments only and post-deductible.
Retiree
This plan design offers an attractive benefit to those who retire from your organization. It reimburses qualified medical expenses incurred only during retirement.
All Eligible Expenses
If you’re looking for the plan design that provides a wide range of potential expenses, this is it. This plan reimburses members for all expenses determined as eligible in Section 213(d) of the Internal Revenue Code.
Saving made simple
Reduce administrative burden by providing your employees with a way to manage their spending accounts without requiring your time. The LBS Health Spending Mobile App provides easy, secure access so your employees can conveniently monitor balances and track expenses on the go.
