Fort Collins, CO (PRWEB) June 8, 2009 -- HSA for America is pleased to announce that they will be conducting a free Webinar on June 10th to share information with accountants about how Health Reimbursement Arrangements (HRAs) can decrease taxes and health insurance premiums that employers must pay for their employees. Note: This special Webinar is only open to accountants.
When: June 20, 4p.m. EST
Where: www.HSAforAmerica.com/hra-webinar.htm
What: HSA for America is the nation's
leading health insurance agency that specializes in consumer-driven health
care plans. This online seminar will help explain how HRAs help to decrease
expenses for small business owners by helping those small business owners
pay for the medical expenses of their employees.
Why
have a seminar devoted to HRAs? Because HRAs are proven to save employers
money - between $3,000 and $5,000 per employee. Individual health insurance
premiums can be up to 50% less than group health insurance premiums.
For that reason, thousands of employers are dropping their group health insurance
plans and establishing HRA plans.
With
an HRA, employees can buy their own coverage and the employers can reimburse
the employees for many of their health-care related expenses, including health
insurance premiums. Reimbursements to employees are considered to be
a tax-free fringe benefit, so both the employer and the employee save money
on state and federal income taxes and FICA.
"Webinar
participants will learn how HRA programs allow employers to submit a tax-free
reimbursement to employees to cover health care expenses that employees have
paid out-of-pocket," said Wiley Long, President of HSA
for America. "Employer reimbursements may include
reimbursement for deductibles, services, co-pays, or coinsurance claims for
expenses that are not covered by the employer's health care plan. Many
small businesses are even reimbursing for individual health insurance premiums,
which can dramatically cut their benefit costs.
More
About HSA
for America
HSA for America offers affordable HRA programs for employers and their employees, helping both employers and employees save money while receiving tax incentives for their healthcare reimbursements. In addition to a comprehensive offering of HRA programs, HSA for America also offers a wide spectrum of Health Savings Account programs that help businesses and families save money on their medical expenses and income taxes.
