Split Funding has been a successful alternative for clients seeking a health care plan with benefits similar to a fully insured plan, but at a much lower cost.
Health Reimbursement Arrangements allows you to set aside a specified pool of non-taxable dollars to reimburse employees for defined amounts of medical expenses for their families during the year.
CPI-HR’s Split Funding approach to HRA Administration has saved clients an average of 23% in total health care costs.
CPI-HR’s split funding of employer-funded Health Reimbursement Arrangements offers:
- Roll-overs all customizable by plan
- Multiple benefit options
- Co-insurance rates and co-pays for each benefit option
- More
Contact CPI-HR for more information on Split Funding.
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