BASE^® Blog

If employers are looking for health benefit options to offer employees, it is highly likely that they have run into the QSEHRA. 

The Qualified Small Employer HRA (QSEHRA) allows small employers to contribute tax-free to their employees’ qualified health care expenses without offering a group health plan. 

The BASE® QSEHRA is a health benefit that allows employees to secure their own health plan on or off the Marketplace while reimbursements are 100% deductible to the employer. 

Check out the next 6 steps to implement the QSEHRA into a business: 

1. Employer eligibility. To be eligible, the employer must have fewer than 50 full-time employees and does not provide a group health plan to the employees. 
2. Determine employee eligibility. The QSEHRA must be offered on the same terms to all eligible employees.  Something to note, all employees and family members must secure their own health insurance plans that meet the minimum essential coverage (MEC) definition and provide proof of coverage. 
3. Establish reimbursement limits. With the QSEHRA, employers can set different benefit limits for self-only versus family coverage up to the annual maximum established by the IRS.
4. Choose eligible expenses. Employers can choose what employee health care expenses can be reimbursed, as long as it is within the legal limits.  The QSEHRA can be used to reimburse health care premiums or IRS-permitted out-of-pocket health care expenses.
5. Pick set up and start date. This is where BASE® comes in.  Pick a start date and BASE® will create the written notices, information, and plan documents that are required.  Please note that employers who fail to follow the rules may face severe penalties. 
6. Present new benefit to employees. Employees must be given a written notice 90 days before the QSEHRA starts.  The employees that are not eligible must also receive the notice if they become eligible for the plan. 

 The QSEHRA is a cost-effective alternative to offering employees a traditional group health plan.  To learn more about the BASE® QSEHRA, contact BASE® at 888.386.9680 or visit www.BASEonline.com.

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Today human resources encompass recruiting and staffing, employee relations, learning and development, performance management, and company culture. With so many different tasks to tackle, and all being vital to the success of an organization, it is no wonder so many businesses across the country look to the BASE® HR library.  Whether it is a business with 5 or 500 employees, this comprehensive, easy-to-use online HR library provides businesses with the HR help every employer deserves - it’s like having a mini-HR department 24/7. 

The BASE® HR Library empowers a business with the industry’s most extensive library of employee benefit resources.  Complete with videos, guides, checklists and more, providing a solution for HR, wellness, employee benefits, and compliance concerns.  It is an easy-to-use portal that simplifies compliance, giving employers the guidance they need to manage employees, understand and implement HR best practices, and comply with the law. 

Some of the categories in the online HR Library:

• Employee benefits
• Health care reform
• Human resources
• Recruitment & hiring
• Discipline & termination
• State laws
• Forms & policies
• HR apps & tools
• Resource center
• Safety & wellness
• HR training

The HR Library is a comprehensive view of human resource and benefits law both on the federal and state level.  Whether a business needs a form, poster, the newest information on health care reform laws, or the legal way to hire and fire, the HR Library has all a business’ HR information and forms needed at their fingertips.

For more information on the BASE® HR Library or to get started with your online subscription, contact BASE® at 888.386.9680 or visit www.BASEonline.com.

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