HRA for Health Insurance

A Liferaft Health Reimbursement Arrangement (HRA) is fully customizable based on what makes the most sense for your organization. With Liferaft, you can effortlessly initiate benefits for the first time, offer flexible individual plans to remote or distributed teams, or achieve cost savings by transitioning from group health insurance.

Our team will handle all the documentation needed to properly set up your account—making it easy for you to benefit from all available tax advantages.

How a Health Reimbursement Arrangement Works

Clear and straight to the point.


Design your employee benefits

Decide how much tax-free money to offer each month, which expenses should be eligible for reimbursement, or offer various benefits to different employee groups.


Employees purchase qualifying expenses

Allowances can be used for qualifying medical expenses and healthcare services, including prescription glasses, healthcare premiums, physical therapy, and more.


Employees reimbursed

Our user-friendly 100% digital experience makes it easy for you and your employees to submit a claim and get reimbursed for eligible expenses.

Get employee health insurance at a lower cost with a QSEHRA or ICHRA.

What is a QSEHRA?

Learn More

QSEHRA stands for Qualified Small Employer Health Reimbursement Arrangement. Employers with less than 50 employees who don't offer group health coverage to their employees can help employees pay for medical expenses and health insurance premiums through a QSEHRA.

What is a ICHRA?

Learn More

ICHRA stands for Individual Coverage Health Reimbursement Arrangement. An ICHRA allows employers to reimburse employees for qualified medical expenses, including insurance premiums, on a tax-free basis. 

When Does an HRA for Health Insurance Make Sense?

Help Employees Access Tax Credits

An HRA will trigger a special enrollment period for your employees, allowing them to enroll outside of open enrollment and take advantage of federal subsidies.

Small Group Rate Increases

In many states, plans available for individuals can be significantly cheaper than similar group plans, helping employers save on benefit costs.

Offering Benefits for the First Time

An HRA is a flexible, cost-effective way for businesses to offer health benefits for the first time without navigating complex group plans.

Flexible Options for Remote Workers

HRAs provide remote employees with the flexibility to choose health plans that suit their individual needs and location.

Expand Coverage From Group Plan

You can combine an HRA with your group plan to cover employees’ out-of-pocket expenses for things like fertility treatments, mental health, dental, vision, and more.

Cover Seasonal Employees

An HRA is an effective way to provide health benefits for a seasonal workforce, allowing employees to maintain their health coverage even after their employment ends.

Budget Constrained Company

With an ICHRA, you can subsidize employee health coverage based on employee class, helping control costs while providing financial assistance.

Download your guide to flexible & affordable health insurance.

Group health can be complex, restrictive, and costly — Liferaft offers something different. Liferaft’s Comprehensive Whitepaper on HRAs is the most comprehensive guide available, giving you what you need to determine if an HRA makes sense for your business.

Guide Contents

What is an HRA? | HRA Requirements & Features | Eligible HRA Expenses | When an HRA Makes Sense | Different HRA Types | States Where HRA Works Best


The most affordable fully-customizable HRA management product available.


5-10 employees

$120 / month

Get Started

Includes everything in the Starter plan:

  • 1-1 health insurance enrollments via video conferencing
  • Custom account design
  • Full-service platform administration
  • Expense management
  • Automated reimbursements
  • Reporting


11-100 employees

$12.50 / employee / month

Get Started

Includes everything in the Starter plan, plus:

  • 1-1 health insurance enrollments via video conferencing or in-person