Want to know the REAL cost of a HRA? Before you decide that ‘30% utilization is a good enough guess’, consider this case:
The group could save about $60,000 a year by going to a $5,000/$10,000 deductible policy, but wants a HRA that caps employee deductible and out of pocket expense at $1,250 single, $2,500 family. Total contingent HRA liability would be $112,500,…