HRA
Administration
Expert HRA plan designs, administrative flexibility,
and high quality administration.
HRA industry leader and
compliance experts
Fully integrated with all of
BASIC’s CDA services
Flexible plan designs
(Traditional, QSEHRA, ICHRA and EBHRA)
One benefit of choosing a Third Party Administrator as your HRA Administrator is the ability to change medical carriers from year to year and still offer consistent HRA administration for your employees. Plus we offer a variety of HRA plans to meet your organizations needs (simple HRAs, ICHRAs, QSEHRAs, and much more)!
All participant benefit accounts and MyCash account are linked to a single card.
With a single app, participants can manage all their BASIC benefit accounts and benefit continuation (COBRA) plans.
MyCash is an unrestricted post-tax reimbursement account linked to participants’ BASIC Cards.
In three quick steps, participants can have BASIC pay healthcare providers directly on their behalf with our “Picture to Pay” feature. No paper, no postage, and no hassle for the participant. All with no additional fees for employers!
A Health Reimbursement Arrangement (HRA) must be funded solely by an employer. The contribution can’t be paid through a voluntary salary reduction agreement on the part of an employee. Employees are reimbursed tax free for qualified medical expenses up to a maximum dollar amount for a coverage period. An HRA may be offered with other health plans, including FSAs.
Employers have complete flexibility to offer various combinations of benefits in designing their plan.