Offer health benefits for your Team - Without a Group Plan

 A Health Reimbursement Arrangement (HRA) is an employer-funded, tax-advantaged account that reimburses employees for health coverage and medical expenses. Unlike group plans, HRAs give employees the flexibility to choose their own coverage. 

An ICHRA can be used by employers of any size, offers flexible employee classes, and has no set maximum contribution limits. A QSEHRA is only for employers with fewer than 50 employees, cannot be offered alongside a group plan, and has IRS-set annual contribution limits.

  Yes — with an ICHRA, you can offer both, but not to the same group of employees. QSEHRAs cannot be combined with any group health plan.

You decide the monthly allowance for each employee or employee class. With ICHRA, you can vary amounts by classes, age, or dependents. With QSEHRA, allowances must be uniform (except for adjustments by family size or age, within limits).

Allowances typically reimburse individual health insurance premiums (Marketplace, off-exchange, or Medicare). Employers may also choose to allow reimbursement for out-of-pocket medical expenses under IRS §213(d).

Yes. All contributions are 100% tax-deductible for the business and tax-free for employees, provided they use the money for eligible health expenses.

Employees buy their own insurance or pay for eligible medical expenses, submit proof (like receipts or premium invoices), and the employer reimburses them up to their allowance through payroll or another system.

If an employee is offered an affordable ICHRA, they cannot also receive premium tax credits. For QSEHRA, employees may still qualify for subsidies, but the QSEHRA allowance is factored into the subsidy calculation.

Much lighter than traditional group plans. Employers set the rules, provide notices, and reimburse expenses, while third-party administrators (which Blue Jay partners with) handle compliance, claims, and employee support.

Blue Jay Advisors is ICHRA certified through Remodel Health, a leading TPA in the ICHRA space. We've developed countless ICHRA quotes and have led employers of all sizes through this process. We are here to help!