This week President Barack Obama signed into law H.R. 34, also known as the "21st Century Cures Act." This bipartisan supported bill addresses a wide range of healthcare subjects including the Clarity supported HRA provision for eligible small employers. To learn more about the HRA provision, you can click here for Sec. 18001 of H.R. 34 or read below.
If you are or represent one of the approximately ten million companies in the United States with under fifty employees, then there is finally some great news on the health care front for you! The 21st Century Cures Act enables small businesses to offer a Health Reimbursement Arrangement (HRA) to their employees to help them pay for out-of-pocket medical expenses and health, dental and vision plan premiums. This new type of HRA allows employers to offer this program without offering a health insurance plan. Clarity has been an active supporter of this legislation and is ready to start administrating these plans today!
About Clarity Benefit Solutions
Founded in 1990 Clarity Benefit Solutions streamlines the entire healthcare and benefits administration process. Clarity provides web-based enrollment platforms, decision making support tools, ACA reporting and integration with carriers and payroll providers. Our consumer benefits provide administration of Flexible Spending Plans, Health Savings Accounts, Health Reimbursement Arrangements, Commuter Benefits, and COBRA Administration.
Every client is assigned a dedicated Implementation Specialist to guide them through the set-up process and a dedicated service rep to provide ongoing support. Clarity offers consumers a wide range of services that simplify the participant and employer experience. Employees can link their insurance carriers with us and receive automated card substantiations and/or reimbursements, eliminating the need to fill out claims or submit receipts. In addition consumers can access their accounts via our mobile app, online portal or call our service center and speak to a representation in over 80 languages.
Clarity brings benefits into focus by combining all our offerings into one platform saving our clients valuable resources and making benefits easy for consumers. For more information visit www.claritybenefitsolutions.com.