DALLAS, Nov. 20, 2018 /PRNewswire-PRWeb/ -- Take Command Health, the leading resource for affordable, personalized benefits for small businesses, is excited to announce a new QSEHRA Plan Designer and a comprehensive QSEHRA Reimbursement Guide. These resources are released in direct response to last week's announcement of the new QSEHRA contribution limits for 2019 which signify the continued popularity for these tax-advantaged health benefits for small businesses.
"We've had a record-setting open enrollment for QSEHRA so far, with more small business owners and entrepreneurs opting for this tax-advantaged strategy than ever before," shares Take Command Health CEO, Jack Hooper. "With such an influx of clients and interest, we wanted to proactively educate about QSEHRA and make our clients' lives easier."
The goal of the QSEHRA Reimbursement Guide is to help small business owners and their employees understand all the things that can be reimbursed by a QSEHRA, including issues regarding taxability, over the counter drugs, and qualified medical expenses. While the guide is simply an educational resource, there's a new tool to help users structure their reimbursements: The QSEHRA Plan Designer.
The QSEHRA Plan Designer tool allows employers to design compliant reimbursements for their staff, with options including reimbursing all employees the same amount, varying rates by family size, or reimbursing the max amount for everyone. It demonstrates one of the biggest selling points about a QSEHRA: a small business or startup can tailor their QSEHRA to meet their needs and keep their budget in check.
The contribution limits for 2019 will go up $100 a year for single employees and $200 a year for employees with dependents. This is similar to the increase in 2018 of $100 for single employees and $250 for employees plus their dependents compared to the previous year.
"A big change we expect to see for 2019 is increased awareness for this great tax advantage for small businesses and a broader array of HRA options," shares Take Command Health CEO, Jack Hooper. "That's exactly why we are trying to spread the word about this bipartisan success story and help small businesses offer affordable benefits to their teams."
About Take Command Health
Take Command Health launched three years ago with the goal of bringing awareness, advocacy, and transparency to the confusing world of health insurance for small businesses and individuals. Take Command Health is at the forefront of this issue, a recognized leader in QSEHRA administration and small business HRA tax strategy, with customers in every state. It operates in Arizona, California, Florida, Georgia, Indiana, Michigan, North Carolina, Pennsylvania, Texas, Tennessee, and Wisconsin for individual insurance and offers small business HRA administration nationwide.
SOURCE Take Command Health
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