EBHRA Guide: Maximize Healthcare Savings Now
Understanding Excepted Benefit Health Reimbursement Arrangements (EBHRAs) Ready to optimize your healthcare spending and potentially reduce your tax burden? Excepted Benefit Health Reimbursement Arrangements (EBHRAs) offer a powerful solution for both employers and employees. This guide provides actionable steps to effectively utilize EBHRAs and maximize their benefits. What is an EBHRA? An EBHRA is an employer-funded account that reimburses employees for specific, limited healthcare expenses, known as "excepted benefits." Unlike a Health Savings Account (HSA) which covers a broader range of medical expenses, EBHRAs focus on services like dental checkups, vision care (eye exams and glasses), and sometimes short-term limited-duration insurance (STLDI)....