Yay! Your company grew! But Yikes! Are you too big for your QSEHRA?
What is a QSEHRA?
In this explainer video, “alphabet soup” expert Gina Marken explores the cost savings benefit of an Qualified Small Employer Health Reimbursement Account (QSEHRA).
It’s an Alphabet Soup Frenzy: Hello ICHRA & EBHRA, Goodbye QSEHRA
A couple of years ago, the QSEHRA was meant to be the savior for small employers wanting to offer coverage. Now, it’s on it’s way out and making room for two new programs.
No yawning allowed: plan documents & SPDs are riveting…and required
While the topic may seem a bit of a snooze, ignoring plan document and SPD requirements in alphabet soup programs could be a wake up call in the form of potential penalties.
A year later: What’s the verdict on QSEHRAs?
Last year, we cautioned employers about potential pitfalls of a brand new program. Today, we’re revisiting the QSEHRA with real life examples and requirement clarifications.
The New QSEHRA Isn’t One-Size-Fits-All
The QSEHRA hit the scene with fervor, but buyer beware, it isn’t for every small employer. Make sure you understand the complicated rules and lurking questions or you could end up costing the employees you are trying to help.