While a Liferaft Health Reimbursement Arrangement has many different use cases, it can be particularly effective in providing major medical insurance in states where the rates for health insurance on the state’s exchange are cheaper than group health insurance rates. 

If you’re a Minnesota business owner, there are many ways to set up benefits for your business—from group health to PEOs, to the individual marketplace.

As a small to mid-sized business, there is a variety of ways you can set up health insurance for your employees. In this article, we break down the pros and cons of each type.

Learn about the four types of Health Reimbursement Arrangements offered by Liferaft to see which best fits your company's needs.

HRAs can be used to reimburse employees for many qualified expenses outlined by the IRS, but employers have the final say in the expenses employees may be reimbursed for.

Like any health plan, a Health Reimbursement Arrangement has specific requirements and features. Learn more about them and the advantages of a Liferaft HRA in this article.

A Liferaft Health Reimbursement Arrangement is more affordable, customizable, and flexible than group health plans. With a Health Reimbursement Arrangement, you can reimburse your employees for insurance premiums or medical expenses not typically covered by their health plan.

Many physical therapy companies understand the importance of taking care of their team's physical and mental health and value quality and comprehensive health coverage. But for these small businesses, offering a group health plan can often feel too complicated, expensive, or restrictive. That's where Liferaft can help.

With healthcare costs rising each year, companies are looking for ways to provide their employees with coverage at an affordable price.

With recent rate hikes, business owners in Minnesota are looking for ways to provide their employees with the same level of coverage at a more affordable price point.

In some situations, opening a Liferaft Health Reimbursement Arrangement is a no-brainer. Here we outline the top six use cases where a Liferaft account just makes sense.

With only three employees, this business struggled to find a group plan that would accept them. But, with Liferaft, they quickly started offering health insurance to the team and their dependents.

With a remote workforce all around the country, finding a plan everyone liked was challenging. Through Liferaft, employees purchased the best plan available, then were easily reimbursed through the 100% digital platform.

This business chose to supplement its current health insurance plan with expanded coverage for IVF, abortion care, mental health treatment, and birth control.

Explore this case study demonstrating how businesses are saving big when using a Liferaft Health Reimbursement Arrangement.

Whether you want to offer money towards health insurance premiums or other expenses, a health reimbursement arrangement allows you to give money to your employees in a tax-advantaged way.

It’s been about a year since we started our journey at Liferaft and a lot has happened. As we head into a new year, Liferaft CEO reflects on where we are headed.

Learn about a surprising way to increase your retirement savings.

How would an extra insurance plan work with my existing health plan, and when would I want to add more insurance?

Our mission is to build reliable safety nets that work. We are starting with health because we see this as the greatest area of need.

There's no denying kids learn best at school. And there's no denying that the return to school will expose educators and school staff to more risks than ever before.