Getting Started with an HRA

How do I get started?

Many employers are still trying to understand the different options available through an HRA and exactly which options will best suit their individual needs. They find it beneficial to consult an experienced employee benefit consultant or third-party administrator (TPA) familiar with HRAs. These professionals can recommend HRA designs to fit your needs.

Can I administer HRAs in-house?

It can be administered by your in-house personnel, but many employers find it beneficial to have outside assistance in administration. This lightens the burden for continued education and privacy concerns raised by HIPAA. Third-Party Administration can also allow you the freedom from administration tasks, and gives you the time to focus on your business and not the administration of your employee benefits.

Who can administer this plan?

There are many qualified administrators across the Nation. You may contact your Cafeteria Plan administrator or COBRA administrator for assistance. If you don't have any outside assistance in these areas, you can contact DataPath at 800-633-3841 and we can direct you to qualified administrators in your area. DataPath has been a pioneer in software development for more than 25 years and has led the way in HRA administration software.