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Are HRAs or HSAs a better nonprofit benefit offering?

In recent years, increasing Health insurance costs have become inevitable. Unfortunately for many nonprofit organizations, increased budgets aren’t as certain. Each year, nonprofits must balance benefits and pay raises with their other organizational costs.

Many Nonprofit Benefit packages include a high deductible health plan (HDHP) to keep costs in check. But there is also the option of adding a health savings account (HSA) or a group coverage HRA (GCHRA) to your HDHP as an added bonus.

In this blog, we’ll go over why nonprofits should offer health benefits and how they can supplement their plans  to better attract and retain employees.



This post first appeared on Small Business Employee Benefits And HR, please read the originial post: here

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Are HRAs or HSAs a better nonprofit benefit offering?

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