I offer three levels of service for self-directed small business Health Reimbursement Arrangements. This applies to either of the two types of HRAs available to small firms in 2017.
BASIC SETUP: For a basic fee of $150:
- Design of an HRA plan through an in-person interview
- answer questions by the employer and accountant
- Recommended sample documents for limited use
ADVISORY: For an additional fee of $150:
- Basic services plus answers to benefits questions by the employer, employees, and spouses throughout the plan year
CLAIMS ADMINISTRATION: For an additional fee of $8 per employee per month:
- Basic and Advisory services plus claims administration and preparation of summary report to the payroll administrator
Setup can usually be complete about a day after the design interview by telephone. Payment is expected in advance and scheduling is based on the order of payment.