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Health Reimbursement Arrangements (HRA) are the most versatile of tax-saving benefit plans and the Individual Coverage HRA is the most versatile of all HRAs. The versatility of the ICHRA owes to its many options. More options mean more opportunity for an employer to design a plan that best fits the health coverage needs of its employees while staying well within the company’s desired budget for group benefit expense, but it also means taking time to look at all the options so you don’t miss out on something you want in the plan. | |
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