QSEHRA stands for Qualified Small Employer Health Reimbursement Arrangement. It is an alternative to traditional group health care plans that allows small businesses with fewer than 50 employees to reimburse employees tax-free for individual health insurance premiums and medical expenses.

With a QSEHRA, employees choose and pay for their own insurance and are then reimbursed. To submit for reimbursement, employees will need to confirm that the plan they’re enrolled adheres to the minimal essential coverage requirement and then file a claim with their administrator- that’s us! Our Claims Experts will review, approve, and send that reimbursement payment out directly to the employees bank account.

Employers can offer a QSEHRA if they have less than 50 full-time employees by enrolling through QuickSEHRA or working with an agent that specializes in HRA’s. Reimbursements are tax-deductible for employers and tax-free for employees. Unlike a group plan, employers just need to set up, pay a monthly invoice, and employees will be reimbursed as soon as claims are submitted. Any unused funds at the end of the year are remitted directly back to the employer.

Insurance premium costs are always covered as long as they meet the minimal essential coverage requirement. Premium reimbursement can always apply to a spouse’s group plan, or a parent’s group plan as long as it’s on a post-tax basis as well as Medicare- all parts included. Expenses that are eligible for reimbursement are determined by IRS Code Section 213(d) and plan design.

Enrolling through QuickSEHRA offers you a personalized, yet quick experience. If you’re a small but mighty team who knows what they want, the QuickSEHRA platform walks you through what you need to know and gives you the tools you need to roll your benefit out on your team’s schedule.

Plus- we have an excellent Sales and Support Team on the backend to answer any of your questions along the way if you do want some help!

• Employee, Employer, and Broker Portals to manage your benefit
• Easy to set up in just a few simple steps
• Customizable options- pick your amount, your reimbursement model, and when you want to roll out!
• Support where you need it, when you need it. We’re here for you!

QuickSEHRA means “Quick QSEHRA” and was created to cut down on time spent with a sales rep. Your business moves fast and you want benefits to match. That’s where we come in! And if you have questions, we have a sales team on the back who is happy to walk you through it.

Invoices will be generated on the 10th of every month and sent electronically to the key contacts.

Payment will automatically be pulled from the account you specified in your employer portal on the 15th of each month.

Employees will submit claims through their employee portals. Our team will review, process, or reach out if any additional information is needed. Employees will receive payout through their specified account within 2-3 business days of submitting a claim as long as the expense is eligible, and funds are available.

Employers are welcome to terminate the benefit once the benefit period runs out. For QSEHRA’s this is always the last day of the year.

Want to or need to term early? We do offer early terminations for a small processing fee.

If you need support, reach out to us at info@quicksehra.com or call (651) 358-2985 or submit a message right through your portal!

Benefits are subject to an Open Enrollment Period starting in October. Our team will reach out in the early part of the month to confirm if you wish to keep your benefit as is, make any changes to the benefit, or terminate at the end of your benefit period. We’ll also communicate any changes to you at this time like pricing increases, market updates, etc.