BASE® Group HRA: Greatly Enhanced to Suppress Health Care Costs

BASE®, one of the nation’s leading employee benefits administrators, is announcing the release of an improved product aimed at small business owners who are searching for relief from the rising costs of health care. The BASE® Group Health Reimbursement Arrangement (HRA) is designed to help small business owners increase employer and employee tax savings, while promoting adequate health care coverage for employees.

Designed specifically for businesses with 4-99 employees, the BASE® Group HRA helps to reduce health care costs by encouraging individual responsibility when employees are making health care decisions. This results in better health care for employees and their families, as well as lower costs for both the employer and the employees.

This concept allows the employer to choose a much higher deductible health insurance plan, which can substantially reduce health insurance premiums. Even employers who do not currently offer group health insurance can provide an HRA to reimburse employees for a variety of health-related expenses not covered by insurance.

The BASE® Group HRA is now offered through a secure online system allowing employers and employees to have 24-hour access to reimbursement information, claim submission and contact with a Benefit Specialist. BASE® Benefit Specialists work one-on-one with employers to establish the best plan design to fit their needs. BASE® will ensure that all plan information is confidential, and documentation is kept up-to-date annually.

About BASE®:
Established in 1999, BASE® is one of the nation’s leading employee benefit administrators. BASE® offers a variety of tax savings plans for small businesses, including the popular Section 105 Health Reimbursement Arrangement (HRA) and the Flexible Spending Account (FSA). To find out more about HRAs, FSAs and other employee benefit plans visit http://www.baseonline.com today or contact a Benefit Specialist at 800-309-8012.